What Is a Consumer Proposal? - A Better Way to Manage Debt
A consumer proposal is a formal agreement between you and your creditors to settle your debts for less than you owe. It’s a popular option in Canada for those who want to avoid bankruptcy but need relief from overwhelming debt. The process is facilitated by a licensed insolvency trustee who helps you propose a payment plan that fits your budget. This legally binding arrangement allows you to make affordable monthly payments while avoiding the burden of further interest or legal action. Get in touch with Bankruptcy Canada to learn more.
https://bankruptcycanada.com/w....hat-is-a-consumer-pr
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