Consumer Proposal Ontario. Information for you on a Consumer Proposal and how it can help you clear your debts and AVOID bankruptcy. Watch this 4-minute video explaining the bankruptcy alternative of consumer proposals.
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In addition to the video about consumer proposal Ontario, you can also check out two other blogs we have written on consumer proposals: CONSUMER PROPOSALS OR PERSONAL BANKRUPTCY; WHICH IS RIGHT FOR YOU? and Are Consumer Proposals Right for You?
The advantages of a consumer proposal Ontario 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 consumer proposal is a forum where all of your creditors must deal with your restructuring
- You don’t have to declare bankruptcy
We also have more information and you can click on this link to find out more about Consumer Proposals and have many of your questions answered by clicking on our Bankruptcy FAQS link. You can also find out more by clicking on this link – Consumer Proposal Ontario.
The reality is that debt is increasing across all demographics and it should not be ignored. Whether their debt originated with student loans, credit card debt or some other issue, it needs to be managed as quickly as possible by a professional trustee. Contact Ira Smith Trustee & Receiver Inc. for professional advice and a solid financial plan so that you can live a debt free life Starting Over, Starting Now.
