Sentences with phrase «by filing a consumer proposal because»
Even if you have not ceased being a student at least 7 years ago, you may still find relief from student loan debt by filing a consumer proposal because:
https://www.hoyes.com/ Not exact matches
A consumer proposal is regulated by because it can only be filed with a Trustee in Bankruptcy, who is licensed by the federal government.
There are lots of companies advertising «deals to reduce you debt by up to 70 %», but unless they are trustees (you'll know because trustees are required to tell you that they are trustees in their ads) they are going to have to refer you to a trustee in order to file a consumer proposal.
Because it is filed under the Bankruptcy and Insolvency Act, a consumer proposal still stops collection calls and all legal actions by your creditors.