Put your worries to rest with a consumer proposal in Regina

We know that the majority of people want to be debt free, but simply require more time. Filing a consumer proposal in Regina 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 Regina, bankruptcy filing and more. Contact our representatives today to see if you are eligible for a consumer proposal in Regina.

Contact BDO today about filing a consumer proposal in Regina

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 Regina.

Frequently asked questions about a Consumer Proposal

Understanding everything you can about the consumer proposal process is the first step you should take when trying to break free of financial debt. When you’re properly informed about filing a consumer proposal in Regina, you feel stronger about reclaiming your financial future.

Here are three of our frequently asked questions involving a consumer proposal in Regina:

What is a consumer proposal?

The number one question asked about filing a consumer proposal in Regina is “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. Payments are adjusted and the required time to make any payment is extended over a longer period, reducing the amount of each payment.

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?

If your financial debt has reached up to $250,000 dollars of debt, arranging a consumer proposal is the most effective form of debt management for you. You should consider a consumer proposal if you want to retain your assets, are looking for relief from growing interest charges, or want to adjust your payment plan to something that works better for you.

Get on the road to financial
stability  with  BDO  today!