If they expect to get 10 cents on the dollar in a bankruptcy but you only offer them five cents on
the dollar in a consumer proposal, there's not much chance that they'd go for that deal.
Not exact matches
«Today's
proposal, along with past regulatory actions, will make it challenging for banks to meet the needs of the estimated 50 million
consumers who access a variety of bank and nonbank small -
dollar lending products each year,» said Virginia O'Neill, senior vice president of the American Bankers Association's Center for Regulatory Compliance,
in a statement.
«Federal regulators were right to reject a
proposal that would have amounted to nothing more than giving coal and nuclear power plants billions of
dollars in guaranteed profits at the expense of
consumers,» said Mike Jacobs, senior energy analyst at the Union of Concerned Scientists.
Doug Hoyes: Because I mean as you said with respect to your credit rating well, when you do a
consumer proposal your credit rating will not be as good as if you paid all your debts
in full and had a million
dollars in the bank.
Doug Hoyes: But
in a debt management plan you are paying 100 cents on the
dollar,
in a
consumer proposal as you said, the average payment is somewhere around a third.
In contrast, in most cases in a consumer proposal an individual can eliminate one dollar of debt for about 30 cents on the dollar — three to four times less expensive than a debt consolidation loa
In contrast,
in most cases in a consumer proposal an individual can eliminate one dollar of debt for about 30 cents on the dollar — three to four times less expensive than a debt consolidation loa
in most cases
in a consumer proposal an individual can eliminate one dollar of debt for about 30 cents on the dollar — three to four times less expensive than a debt consolidation loa
in a
consumer proposal an individual can eliminate one
dollar of debt for about 30 cents on the
dollar — three to four times less expensive than a debt consolidation loan!
Typically
consumer proposal payments result
in settling your debts for around 30 - 40 % on the
dollar.
In a
consumer proposal it is often possible to get the creditors to agree to accept 50 cents on the
dollar, or even less.
In a
consumer proposal, each creditor gets one vote for every
dollar they owe.
Retail Sales Manager — Duties & Responsibilities Oversee customer service and sales staff ensuring efficient, effective, and profitable operations Design and implement staff development programs to enhance sales and customer service skills Train employees
in corporate branding and company policies and procedures Consistently meet or exceed sales goals through networking,
in person sales, trade shows, and other tactics Develop and implement company marketing, public relations, and promotional strategies Identify company operational challenges and overcome obstacles through strong managerial skills Represent company brand with poise, integrity, and positivity Develop a rapport with customers and orient them to various products and services Encourage high customer retention by maintaining friendly, supportive contact with existing clients Study internal literature to become an expert on products and services Interact with support staff and company resources effectively to create the best
consumer experience Conduct research on prospective leads and existing clients to assist
in developing sales strategies Craft effective sales presentations and
proposals, tailoring them to clients based on their specific needs and styles Collaborate with junior level sales people to develop action plans to govern their performance Maintain comprehensive records detailing pricings, sales, activities reports, and other pertinent data Strictly adhere to budgets and schedules Oversee multimillion
dollar inventory and product replenishment Manage company financial records providing detailed, accurate account of transactions and financial health Provide additional operational support including communications, data entry, and other tasks as needed
Retail Sales Manager — Duties & Responsibilities Consistently meet or exceed sales goals through networking,
in person sales, trade shows, and other tactics Develop and implement company marketing, public relations, and promotional strategies Represent company brand with poise, integrity, and positivity Develop a rapport with customers and orient them to various products and services Encourage high customer retention by maintaining friendly, supportive contact with existing clients Study internal literature to become an expert on products and services Interact with support staff and company resources effectively to create the best
consumer experience Conduct research on prospective leads and existing clients to assist
in developing sales strategies Craft effective sales presentations and
proposals, tailoring them to clients based on their specific needs and styles Collaborate with junior level sales people to develop action plans to govern their performance Recruit, train, and direct staff ensuring they understand the brand and adhere to company policies and procedures Maintain comprehensive records detailing pricings, sales, activities reports, and other pertinent data Strictly adhere to budgets and schedules Oversee multimillion
dollar inventory and direct purchasing and inventory replenishment Manage company financial records providing detailed, accurate account of transactions and financial health Provide additional operational support including communications, data entry, and other tasks as needed