Advantages of Filing a Consumer Proposal – A Month Long Series

When you have debts, a consumer proposal is often a viable solution.  This month we will explore consumer proposals, and their advantages an disadvantages.

A consumer proposal is a negotiated settlement that becomes legally binding on your creditors.  You can use our debt options calculator to evaluate your different debt management options.

You start by contacting a consumer proposal administrator, who will review your debts, your assets, and your monthly budget, and help you determine whether or not a consumer proposal is right for you.

All month we will explore consumer proposals, so follow the consumer proposal category here on the MoneyProblems Tip of the Day for more information.

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