Prior to the new legislation, consumers with significant unsecured debt could safeguard their home
equity by filing a consumer proposal and offering the equivalent «value» to their creditors as part of their settlement terms.
A wage garnishment is a legal proceeding and it can only be stopped by either negotiating a repayment plan or through a similar legal
process by filing a consumer proposal or bankruptcy.
Our New Westminster bankruptcy and debt consolidation service team can support you in a range of solutions; whether you are interested in learning more about how personal bankruptcy works in BC, or in consolidating
debts by filing a Consumer Proposal.
You could keep all your assets (and avoid the matter of exemptions)
by filing a consumer proposal — a negotiated settlement between you and your creditors.
By filing a consumer proposal or personal bankruptcy, you are protected from your creditors, will eliminate all or most of your debts and be permitted to keep your investments (minus contributions made in the last 12 months).
Some examples of real people we have helped,
by filing Consumer Proposals and other debt management solutions.
Some examples of real people Sands & Associates has helped,
by filing Consumer Proposals or Personal Bankruptcy.
So, if you've got a massive amount of debt that you can't service on your own, a great way to clean up your debt mess is
by filing a consumer proposal.
If personal bankruptcy is not the best debt option for you — as Licensed Insolvency Trustees in Kelowna and across BC, we have the legal authority to consolidate your debt
by filing a Consumer Proposal.
In the Vaughan and Woodbridge area, almost 7 in 10 people who file insolvency avoid bankruptcy
by filing a consumer proposal.
We can help you avoid bankruptcy
by filing a consumer proposal, which allows you to keep your assets.
By filing a consumer proposal, your monthly payment may be lower, and you know exactly what you are required to pay, which accounts in part for the increase in consumer proposal filings in Canada.