Consumer Proposal in Sarnia: An Easy Debt Solution

We know that the majority of people want to be debt free, but simply require more time. Filing a consumer proposal in Sarnia 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 Sarnia, bankruptcy filing and more. Contact your local BDO to learn more about consumer proposal in Sarnia.

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

BDO can help make debt more manageable

Don’t suffer the stress of financial debt any longer. Contact your local BDO now for more information on filing a consumer proposal in Sarnia.

Questions often asked about a consumer proposal in Sarnia

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 Sarnia:

What is a consumer proposal?

The number one question asked is, what exactly is involved in a consumer proposal in Sarnia? 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 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 your financial debt has reached up to $250,000 dollars of debt, arranging a consumer proposal is the most effective form of debt management for you. You should consider a consumer proposal if you want to retain your assets, are looking for relief from growing interest charges, or want to adjust your payment plan to something that works better for you.

Get on the road to financial
stability  with  BDO  today!