Consolidate DEBT Into ONE Monthly Payment!
How Does A Consumer Proposal Help You?
-
Stop Collection Calls & Garnishments
-
Stop Interest On Debt From Growing
-
Avoid Bankruptcy
-
We Help You Retain Your Assets
Is A Consumer Proposal The Right Solution?
A Consumer Proposal is a possible alternative to bankruptcy.
If you are eligible for the process, we can work as an administrator between you and your creditors to restructure your debt payments to make your monthly debt payments more manageable.
Consumer Proposal
A consumer proposal is a negotiated settlement between debtors and their creditors, mediated by a licensed insolvency trustee, acting as an administrator under the consumer proposal. It is legally binding negotiated settlement, so once the terms are fulfilled, the debtor is legally released from all debts. Consumer proposals are generally only available to people who owe less than $250,000 (not including debts like a mortgage).
The Process
We work with you to determine what kind of monthly payment you can afford. We will need a complete list of your assets and liabilities to figure out a fair solution for you and your creditors. We then present a proposal to your creditors that will consolidate all your debts into one easy monthly payment. You can usually discharge all of your debt over a few years of payments.
Debt Consolidation
When credit card debt and other high interest loans get out of control, it may be time to consolidate your debts. A Consolidation Loan is offered by your bank or other financial institution. All of your debts will be rolled into one lower monthly payment with a lower interest rate.
Learn Your Alternatives
Kamloops B.C. Offices
546 St. Paul Street #340, Kamloops, BC V2C 5T1
Call Us: 604-336-9533
Directions to Kamloops Offices:
The Kamloops office is located in the Medical building (Life Labs) on St. Paul Street, between 5th and 6th Ave. across from the police station. Suite 340