Get peace of mind with a consumer proposal in St. Catharines

We know that time is a major factor when it comes to paying off your debts and that with more time, you could. Fortunately, BDO can help you protect your assets, manage debt and avoid bankruptcy by helping you prepare a consumer proposal in St. Catharines. We at BDO can provide you with quality insight and debt management solutions involving a consumer proposal in St. Catharines to help you avoid filing for bankruptcy. Contact our representatives today to see if you are eligible for a consumer proposal in St. Catharines.

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

BDO can help make debt more manageable

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

Regularly asked questions involving a consumer proposal in St. Catharines

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 St. Catharines:

What is a consumer proposal?

The number one question asked is, what exactly is involved in a consumer proposal in St. Catharines? 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?

A consumer proposal is a good debt solution if you are someone who is carrying debt between $5,000 to $250,000. Additionally, you should consider a consumer proposal if you want to retain your assets (house, RRSP), want relief from accumulating interest, or want to repay your debts but just need a more reasonable re-payment plan.

Get on the road to financial
stability  with  BDO  today!