A formal Consumer Proposal in Kingston 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 Kingston. We at BDO can provide you with professional, lasting solutions involving your debt including insight into the process of making a consumer proposal in Kingston. Contact us today at BDO to check your eligibility for filing a consumer proposal in Kingston.

Contact BDO today about filing a consumer proposal in Kingston

BDO can help make debt more manageable

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 Kingston.

Regularly asked questions involving a consumer proposal in Kingston

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

What is a consumer proposal?

The number one question asked is, what exactly is involved in a consumer proposal in Kingston? 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 purpose of a Consumer Proposal is to provide the opportunity to make a settlement with creditors while avoiding bankruptcy. Once contacted, all harassing calls, garnishees and other negative actions 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!