Consumer Proposal in Scarborough: An Easy Debt Solution

We understand that most people out there are very capable of paying their debts, they simply need more time. Fortunately, making a consumer proposal in Scarborough gives you the time and terms you need to pay your debts, protect your assets and avoid bankruptcy. We at BDO can provide you with professional, lasting solutions involving your debt including insight into the process of making a consumer proposal in Scarborough. Talk to a BDO representative about your eligibility to file a consumer proposal in Scarborough.

Call BDO today for information on filing a consumer proposal in Scarborough

Make debt more manageable with help from BDO

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 Scarborough.

Questions often asked about a consumer proposal in Scarborough

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

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 purpose of a Consumer Proposal is to provide the opportunity to make a settlement with creditors 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!