A formal Consumer Proposal in Hanover can provide peace of mind

We know that the majority of people who owe money want to pay their debts, but simply need more time to do so. Fortunately, BDO can help you protect your assets, manage debt and avoid bankruptcy by helping you prepare a consumer proposal in Hanover. BDO provides quality, professional solutions to help you manage debt and offer advice on the process of filing a consumer proposal in Hanover. Contact our representatives today to see if you are eligible for a consumer proposal in Hanover.

Contact BDO today about filing a consumer proposal in Hanover

BDO can help make debt more manageable

Don’t put up with the struggle of being in debt anymore. Contact a local BDO today about how you can file a consumer proposal in Hanover.

Frequently asked questions about a Consumer Proposal

If you’re considering a consumer proposal in an effort to break free from debt, it’s essential that you understand as much as you can about the process. When you’re properly informed you’ll feel more confident about taking this next step in reclaiming your financial freedom.

Here are three of our most frequently asked questions about the consumer proposal:

What is a consumer proposal?

Of course the most frequently asked question is about what exactly a consumer proposal is. A consumer proposal is a legal process which provides individuals seeking debt help with an opportunity to modify payments to creditors. Payments are modified by extending the payment period or reducing the amount to be paid, usually over a period of time.

What is the purpose of a consumer proposal?

The main purpose of a Consumer Proposal is to provide an opportunity to readjust your payment options 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 debt management solution that works well for people who have accumulated up to $250,000 of debt. You should consider a consumer proposal if you want to retain your assets, desire relief from accumulating interest, or want to repay your debts with an adjusted payment time frame.

Get on the road to financial
stability  with  BDO  today!