Sentences with phrase «offer in a consumer proposal»

What kind of debt you owe to them, how much you owe them, how much you've paid to them in the past, what your current budget looks like, what assets you have, what your employment income is, and what kind of employment income you have can impact what may happen under a bankruptcy to how much you would need to offer in a consumer proposal.

Not exact matches

The freight and logistics industries, consumers and other stakeholders will also play an advisory role, and states will be asked to offer proposals for improving the freight system in their region.

Licensed by the federal government of Canada, the following bankruptcy Alberta trustees and consumer proposal administrators offer free initial consultations in 26 locations throughout Alberta.

We offer local bankruptcy and consumer proposal services in the Kitchener Waterloo area.

In more general terms, a consumer proposal is an offer you make to your creditors to pay a portion of your debts.

In our own practice, the average payment term offered is 47 months and the average length of time to actually pay off a consumer proposal is 42 months.

When a person files a consumer proposal, the amount they are required to offer their creditors is based in part on how much equity they have in their home.

Consumer proposals and bankruptcy quickly disqualify you from bank loans but we have a network of private lenders offering bad credit mortgages for people in Scarborough and other parts of Toronto.

In a consumer proposal you offer a payment plan to your creditors to repay a portion of the debts.

In a previous article we compared the cost of 4 different debt relief programs and determined that in most cases a consumer proposal offers the lowest possible monthly payment, significantly better even than a debt management plaIn a previous article we compared the cost of 4 different debt relief programs and determined that in most cases a consumer proposal offers the lowest possible monthly payment, significantly better even than a debt management plain most cases a consumer proposal offers the lowest possible monthly payment, significantly better even than a debt management plan.

Fred filed a consumer proposal, and the creditors accepted his offer of $ 300 per month for 60 months, or $ 18,000 in total.

We offer consumer proposals in Milton that are designed to help you leave your debt behind.

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.

In a consumer proposal you make an offer to pay your creditors a portion of your debts.

Ted Michalos: That's right and in a consumer proposal you have the ability to repay part of your debt and you're offering a deal.

So, the whole concept then in a consumer proposal is, you take what I would have had to pay in bankruptcy, offer a little bit more because we need the creditors to say yes to it; but I can stretch those payments out over a longer period of time then what would happen in a bankruptcy.

In a consumer proposal, Mary and Joe could offer $ 20,000 which is more than the $ 15,000 in a bankruptcIn a consumer proposal, Mary and Joe could offer $ 20,000 which is more than the $ 15,000 in a bankruptcin a bankruptcy.

In a consumer proposal you can offer your creditors a low monthly payment over a period of up to five years.

We are on hand to offer honest advice regarding consumer proposals in Richmond Hill.

In more serious situations, trustees offer an alternative to bankruptcy called a consumer proposal.

Creditors will only accept a consumer proposal if you offer them more than what they would receive in a bankruptcy.

Our local team offers advice and can guide you through a consumer proposal in Oshawa, which can lead you towards a life with no debt.

A Consumer proposal is a way to negotiate a debt settlement with your creditors by offering to pay back a reduced amount of your debt, either in a lump - sum payment or in monthly installments over an extended period of time.

In a consumer proposal you repay your creditors through a negotiated, legal, debt settlement administered by a consumer proposal administrator At Hoyes Michalos, we know how to balance what the creditors are looking for in terms of recovery while ensuring that what you offer fits within your budgeIn a consumer proposal you repay your creditors through a negotiated, legal, debt settlement administered by a consumer proposal administrator At Hoyes Michalos, we know how to balance what the creditors are looking for in terms of recovery while ensuring that what you offer fits within your budgein terms of recovery while ensuring that what you offer fits within your budget.

In other words, when considering whether or not your proposal has been accepted, we actually look to see how much of your debt has voted against your consumer proposal (voted to reject your offer).

Now you were talking about offering this settlement and how that all works, I'd like to get into a bit of that but we're going to take a quick break first, and we're going to come back and talk more about consumer proposals with Ted Michalos here on Debt Free in 30.

Now having said that, if you do actually have an appreciable amount of equity in your property then we're going to suggest that we consider filing a consumer proposal; making an offer to the creditors to pay back part of what you owe but protecting the property as part of the deal.

As part of your debt assessment, your Hoyes Michalos Consumer Proposal Administrator will calculate any equity (or value) you have in your house, car or investments, and will ensure that the proposal you offer will be greater than the value of thoseProposal Administrator will calculate any equity (or value) you have in your house, car or investments, and will ensure that the proposal you offer will be greater than the value of thoseproposal you offer will be greater than the value of those assets.

Sands & Associates, BC's largest firm of licensed Trustees in bankruptcy and consumer proposal administrators, today released results of a study offering insight into BC's soaring consumer debt levels.

A consumer proposal was added to the Bankruptcy and Insolvency Act in Canada as a way to allow individual to make an offer to settle their debts with their creditors for less than they owe yet still receive the protection available under the Act.

A consumer proposal is an offer made to your creditors, in which you request either a reduction in the balance you have to pay, an extension of the repayment period, or both.

There are many debt consultants in the Toronto area who offer to help you with the application process to file a consumer proposal or bankruptcy.

That's great, but how do you figure out what portion of your debt to offer your creditors in your consumer proposal?

In a consumer proposal, you can offer a reasonable repayment plan over a period of up to five years, and if the creditors accept it, you avoid bankruptcy and bankruptcy court.

My proposal would be for insurance companies to attempt to strip out the complexity in the products they offer and make it easier for consumers to feel assured they are purchasing something that will protect them.

Client Services Supervisor — Duties & Responsibilities Responsible for electronic payroll system operations for a large and economically diverse client base Recruit, train, and direct customer service, sales, technical, and administrative staff ensuring efficient operations Maintain working knowledge of proprietary software, industry best practices, employment law, and tax law Oversee adherence to departmental budgets, project timelines, and company policies Coordinate efforts between multiple departments resulting in timely and cost - effective project completion Design and implement professional development programs to enhance team skill sets Utilize employee recognition programs to build morale and dedication to company mission Represent company brand with poise, integrity, and positivity Study internal literature to become an expert on products and services 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 Interact with support staff and company resources effectively to create the best consumer experience Utilize technical proficiencies and industry knowledge to offer guidance and support to coworkers and clients Craft effective presentations and proposals, tailoring them to clients based on their specific needs and styles Maintain sales and customer service records detailing pricings, sales, activities reports, and other pertinent data Manage company financial records providing detailed, accurate account of transactions and financial health Build and strengthen long term relationships with peers, clients, partners, and industry leaders Provide additional operational support including communications, data entry, and other tasks as needed Consistently promoted due to excellence in management, customer service, technical support, and sales

The Bureau stated in the proposal that it plans for the Bureau's Web site to offer important information and useful tools that consumers can access at key points in the mortgage origination process, including during the three - business - day period between the consumer's receipt of the Closing Disclosure and consummation.

The Bureau stated in the proposal that its consumer testing indicates that consumers use the existence of a prepayment penalty as an important factor in understanding and evaluating loan offers.