Put your worries to rest with a consumer proposal in Stoney Creek

We know that the majority of people want to be debt free, but simply require more time. Filing a consumer proposal in Stoney Creek 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 Stoney Creek, bankruptcy filing and more. Talk to a BDO representative about your eligibility to file a consumer proposal in Stoney Creek.

Talk to BDO about filing your consumer proposal in Stoney Creek, today

BDO can help make debt more manageable

You don’t have to suffer with insurmountable debt any longer. Talk to your local BDO about the consumer proposal in Stoney Creek today.

Questions often asked about a consumer proposal in Stoney Creek

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 Stoney Creek:

What is a consumer proposal?

The main question asked in regards to a consumer proposal in Stoney Creek is what does it contain and what exactly is it? A consumer proposal is a legal process which provides individuals seeking debt help with an opportunity to modify payments to creditors. All payments are adjusted so that the required time to pay is extended over a longer period and the amount required is reduced.

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 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!