Consumer Proposal in Milton: An Easy Debt Solution

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 Milton 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). At BDO, we provide professional, confidential debt management assistance and advice about the process surrounding a consumer proposal in Milton, bankruptcy filing and more. Contact our representatives today to see if you are eligible for a consumer proposal in Milton.

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

BDO can help make debt more manageable

You don’t have to suffer with insurmountable debt any longer. Talk to your local BDO about the consumer proposal in Milton today.

Regularly asked questions involving a consumer proposal in Milton

Understanding everything you can about a consumer proposal in Milton 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 Milton:

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?

If you currently have a financial debt between $5,000 and $250,000 then filing a consumer proposal in Milton is the most logical management solution. You should consider filing a formal consumer proposal if you wish to retain your current assets, require relief from accumulating interest or simple need adjusted payment periods at a rate that works for you financially.

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Get on the road to financial
stability  with  BDO  today!

Milton

*Milton
(289) 270-4255

14 Martin Street
Milton, ON
L9T 2P9
Fax: (905) 864-6513

Office Hours
Monday to Friday, 8:30 - 5:30, after hours and weekends available upon request

BDO provides outstanding personal financial services in Milton as well as Acton, Georgetown. Call us. We can help.

 
*By Appointment. This location is serviced by our team in the Mississauga office.


The benefits of opting for a consumer proposal

  • One consolidated manageable monthly payment
  • Freezes interest charges
  • Stops legal action from creditors
  • Negotiate to repay only a portion of your debt
  • Keep your assets (home, RRSP)