Consumer proposal faqs
We have made this video to answer the Consumer Proposal FAQs that we are normally asked. This information will hopefully help you understand better how it can help you clear your debts and AVOID bankruptcy.
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Our related blogs and vlogs
In addition to this video, you can also check out other blogs and vlogs we have written on Proposals:
- CONSUMER PROPOSALS OR PERSONAL BANKRUPTCY; WHICH IS RIGHT FOR YOU?
- ARE CONSUMER PROPOSALS RIGHT FOR YOU?
- CONSUMER PROPOSALS: WHAT YOU NEED TO KNOW
- CONSUMER PROPOSAL ONTARIO: AVOID BANKRUPTCY
- ▓ VIDEO: CONSUMER PROPOSAL VS. PERSONAL BANKRUPTCY ▓
# VIDEO: ADVANTAGES OF CONSUMER PROPOSALS #
The most asked FAQs
The most asked of the FAQs is – What are the advantages? The main ones are:
- You keep all of your assets
- Actions against you by unsecured creditors, such as wage garnishments will be stopped
- Unlike informal debt settlement, the proposal process is a forum where all of your creditors must deal with your restructuring
- You don’t have to declare bankruptcy
Too much debt? Get the help you need now!
We hope you enjoy this video about consumer proposal FAQs. Click on this link to find out more. You can also have many of your questions about personal bankruptcy answered by clicking on our Bankruptcy FAQs link.
Instead of going deeper into debt and just putting your head in the sand like an ostrich, heed the advice of your grey divorce support groups and contact us today. Seek the help from a professional trustee, even if you’re not considering bankruptcy at this stage.
A trustee in bankruptcy will evaluate your situation and help you to arrive at the best possible solution for your problems, whether that solution is a bankruptcy alternative like credit counselling, debt consolidation or a consumer proposal or bankruptcy. With immediate action and the right plan, the Ira Smith Team can solve your financial problems Starting Over, Starting Now. We’re just a phone call away.
