A formal Consumer Proposal in Etobicoke can provide peace of mind

We know that the majority of people want to be debt free, but simply require more time. Fortunately, making a consumer proposal in Etobicoke gives you the time and terms you need to pay your debts, protect your assets and avoid bankruptcy. We at BDO can provide you with professional, lasting solutions involving your debt including insight into the process of making a consumer proposal in Etobicoke. Contact our representatives today to see if you are eligible for a consumer proposal in Etobicoke.

Talk to BDO about filing your consumer proposal in Etobicoke, today

Let BDO help manage your financial debt, today.

Don’t suffer the stress of financial debt any longer. Contact your local BDO now for more information on filing a consumer proposal in Etobicoke.

Frequently asked questions about a Consumer Proposal

Understanding everything you can about a consumer proposal in Etobicoke is vital if you are considering one in an effort to break free from financial debt. Being informed about the process will help make you confident that you’re making the right decision.

Here are three of our frequently asked questions involving a consumer proposal in Etobicoke:

What is a consumer proposal?

The number one question asked is, what exactly is involved in a consumer proposal in Etobicoke? A consumer proposal is a legal process which provides individuals seeking debt help with an opportunity to modify payments to creditors. Your payments are adjusted so that the re-payment amount is reduced and the payment period is extended.

What is the purpose of a consumer proposal?

The purpose of a Consumer Proposal is to provide the opportunity to make a settlement with creditors while avoiding bankruptcy. Harassing calls, garnishees, and other actions by creditors will be stopped once the Consumer Proposal is filed.

Who can make a consumer proposal?

A consumer proposal is a good debt solution if you are someone who is carrying debt between $5,000 to $250,000. Additionally, you should consider a consumer proposal if you want to retain your assets (house, RRSP), want relief from accumulating interest, or want to repay your debts but just need a more reasonable re-payment plan.

Get on the road to financial
stability  with  BDO  today!