Get peace of mind with a consumer proposal in Listowel

We know that time is a major factor when it comes to paying off your debts and that with more time, you could. Filing a consumer proposal in Listowel can provide you with that extra time you need to make payments while protecting the things that matter most to you, such as your assets (home, car or RRSPs). We at BDO can provide you with professional, lasting solutions involving your debt including insight into the process of making a consumer proposal in Listowel. Contact us today at BDO to check your eligibility for filing a consumer proposal in Listowel.

Contact BDO today about filing a consumer proposal in Listowel

Make debt more manageable with help from BDO

You don’t have to struggle with overwhelming debt any longer. BDO can help, contact a local representative today about a consumer proposal in Listowel.

Consumer Proposal in Listowel

If you have decided on using a consumer proposal as a way to break free of financial debt, it’s imperative that you have as much insight as possible into the process. When you are kept well informed, you have a greater understanding of how the process will benefit you in the long run and provide you with financial clarity.

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

What is a consumer proposal?

The number one question asked about filing a consumer proposal in Listowel is “what exactly is it?” A consumer proposal is a legal process which provides individuals seeking debt help with an opportunity to modify payments to creditors. Payments are adjusted and the required time to make any payment is extended over a longer period, reducing the amount of each payment.

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. Once contacted, all harassing calls, garnishees and other negative actions 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!