Get peace of mind with a consumer proposal in Whitby

We know that the majority of people who owe money want to pay their debts, but simply need more time to do so. Filing a consumer proposal in Whitby 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). We at BDO can provide you with quality insight and debt management solutions involving a consumer proposal in Whitby to help you avoid filing for bankruptcy. Talk to a BDO representative about your eligibility to file a consumer proposal in Whitby.

Contact BDO today about filing a consumer proposal in Whitby

BDO can help you manage and control your debt

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 Whitby.

Consumer Proposal in Whitby

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 Whitby:

What is a consumer proposal?

The main question asked in regards to a consumer proposal in Whitby 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 primary purpose of a consumer proposal is, while avoiding bankruptcy, arranging a settlement with creditors. Things such as harassing call, garnishees and other aggressive actions from 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!