A formal Consumer Proposal in Richmond Hill 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 Richmond Hill. BDO provides quality, professional solutions to help you manage debt and offer advice on the process of filing a consumer proposal in Richmond Hill. Contact your local BDO to learn more about consumer proposal in Richmond Hill.

Talk to BDO about filing your consumer proposal in Richmond Hill, today

BDO can help you manage and control your debt

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 Richmond Hill.

Frequently asked questions about a Consumer Proposal

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 Richmond Hill:

What is a consumer proposal?

The number one question asked is, what exactly is involved in a consumer proposal in Richmond Hill? 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 primary purpose of a consumer proposal is, while avoiding bankruptcy, arranging a settlement with creditors. Things such as harassing call, garnishees and other aggressive actions from 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 Richmond Hill 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.

Get on the road to financial
stability  with  BDO  today!