13 min

What is a Consumer Proposal and how can it help me with debt‪?‬ Debt Free Life

    • Self-Improvement

Many people struggling with debt in Ontario have considered filing for personal bankruptcy but are concerned about losing their assets and the consequences that follow. In some cases, bankruptcy is the right solution, however, most debt problems can be solved with a Consumer Proposal, the #1 alternative to bankruptcy. A Consumer Proposal is a way of consolidating all your debts and offering to pay your creditors a smaller percentage of what you owe them. It’s a legal agreement you make w...

Many people struggling with debt in Ontario have considered filing for personal bankruptcy but are concerned about losing their assets and the consequences that follow. In some cases, bankruptcy is the right solution, however, most debt problems can be solved with a Consumer Proposal, the #1 alternative to bankruptcy. A Consumer Proposal is a way of consolidating all your debts and offering to pay your creditors a smaller percentage of what you owe them. It’s a legal agreement you make w...

13 min