Sentences with phrase «as a consumer proposal»

If you have answered no to both questions, then you may want to consider some other solutions, such as a consumer proposal.

You should consider calling a trustee to discuss a legal settlement known as a consumer proposal.

Admittedly they're a little bit more work because they don't understand what a consumer proposal is because they don't have such a thing as a consumer proposal.

You may think of a proposal to creditors as the consumer proposals «big brother».

However, most people don't realize that there are solutions to their troubles, such as a consumer proposal or bankruptcy.

Licensed Insolvency Trustees act as consumer proposal administrators in a proposal.

A consumer proposal must be filed through a Licensed Insolvency Trustee acting as a consumer proposal administrator.

A consumer proposal can only be filed by a Licensed Insolvency Trustee acting in their capacity as a Consumer Proposal Administrator.

One of the things that often people don't realize about the orderly payment of debt program, is you have the exact same impact on your credit as you do as a consumer proposal.

Also, keep in mind that you will have to earn the before tax income to pay off the CRA debt, not simply the amount of the debt itself, which is another reason you may want to settle with CRA through a debt repayment option such as a consumer proposal or bankruptcy.

Here is what everyone needs to know about Debt Pooling vs. Consumer Proposal administered by Westgeest & Associates, your federal government (gov» t) Licensed Insolvency Trustee, acting as Consumer Proposal Administrator under well regulated, monitored federal gov» t debt relief, financial restructuring legislation:

He skimmed a few more sites and learned that the «60 - month» option was probably a legal process known as Consumer Proposal, which only Licensed Insolvency Trustees can administer.

Instead, a consumer proposal is a formal debt repayment arrangement made with your creditors and administered by a Licensed Insolvency Trustee acting as the Consumer Proposal Administrator.

In Canada there are two forms of debt settlement programs: informal debt settlement and formal debt settlement, known as a consumer proposal.

As mentioned above, Bankruptcy is generally regarded as a last resort, and your Trustee may discuss alternative options (such as a Consumer Proposal).

I explained that no, as consumer proposals administrators, we are licensed by the Office of the Superintendent of Bankruptcy.

The trustee will sit down with you before filing the bankruptcy and get a clear picture of your financial situation to help you find out if there are options other than bankruptcy, such as a consumer proposal or payment plans with creditors.

We present all your bankruptcy alternatives in Burlington such as a consumer proposal and how they compare to solutions such as a debt consolidation loan or credit counselling services.

We understand that the processes of debt options such as Consumer Proposals and bankruptcy are new to most people and we take the time to give an easy - to - follow, non-judgmental and empathetic approach to debt consolidation services.

Options such as a consumer proposal may help significantly reduce the debt that you repay while providing you with a reasonable monthly payment and preserving the remaining equity in your home.

A proposal can also only be filed through a Licensed Insolvency Trustee who is acting as a Consumer Proposal Administrator.

When you file a debt proposal through an LIT, acting as a consumer proposal administrator, you immediately receive legal protection from your creditors under the Bankruptcy and Insolvency Act.

As a Consumer Proposal is a complicated procedure, to file a proposal to Canada Revenue you must contact a licensed Trustee.

While the government is, for the most part, treated as another creditor in consumer debt solutions, such as a consumer proposal or personal bankruptcy, CRA does have additional collection powers, granted to it under our tax laws.

A consumer proprosal as a tax relief program is a complicated procedure and law requires that it is administered for the courts by a trustee acting as a consumer proposal administrator, on your behalf.

You have credit issues such as a consumer proposal or bankruptcy and it is preventing you from getting a mortgage for the full amount that you need from a traditional lender and you need a «top up»;