Put your worries to rest with a consumer proposal in Peterborough

We know that time is a major factor when it comes to paying off your debts and that with more time, you could. That is why BDO can provide you with a consumer proposal in Peterborough that will give you the time necessary to make important payments, avoid bankruptcy and protect your assets. At BDO, we provide professional, confidential debt management assistance and advice about the process surrounding a consumer proposal in Peterborough, bankruptcy filing and more. Contact a BDO trustee today to find out where you stand on filing a consumer proposal in Peterborough.

Book an appointment or call to learn more about a consumer proposal in Peterborough from BDO.

BDO can help you manage and control your debt

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

Frequently asked questions about a Consumer Proposal

Understanding everything you can about the consumer proposal process is the first step you should take when trying to break free of financial debt. When you’re properly informed about filing a consumer proposal in Peterborough, you feel stronger about reclaiming your financial future.

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

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!