A consumer proposal must be filed
through a Licensed Insolvency Trustee acting as a consumer proposal administrator.
A consumer proposal is a safe, legal debt settlement option
through a Licensed Insolvency Trustee.
A consumer proposal is an option under the Bankruptcy and Insolvency Act to settle your debts for less than you owe and still receive the creditor protection only available
through a Licensed Insolvency Trustee.
I do not believe that a proposal arranged through a debt consultant will result in a proposal costing less than one arranged directly
through a Licensed Insolvency Trustee.
In many cases they even advertise services provided
through a Licensed Insolvency Trustee.
Clients have to go
through a licensed insolvency trustee, and accredited firms, such as Hoyes, Michalos & Associates, have a list of criteria for clients who are applying.
Bankruptcy in Canada must be filed
through a Licensed Insolvency Trustee.
A consumer proposal must be filed
through a Licensed Insolvency Trustee like Hoyes Michalos.
Filed
through a Licensed Insolvency Trustee as an approved government debt relief program, you receive the same protections available through bankruptcy, however because you spread your payments over a period of up to 5 years, your monthly payments are lower than they might be in a bankruptcy, debt consolidation loan or debt management plan.
If you have significant other unsecured debts, you may need the protection and debt relief available
through a Licensed Insolvency Trustee.
It is a negotiated debt settlement made
through a licensed insolvency trustee.
A consumer proposal filed
through a Licensed Insolvency Trustee can cut your debt by two - thirds, freeze your interest and consolidate all of your debt into a single monthly affordable payment.
It is negotiated
through a Licensed Insolvency Trustee, an individual who will present a proposal to your creditors that, when accepted, results in a reduction of your overall debt and a single monthly payment.
Having said that, it's also important to know that consumer proposals can ONLY be offered
through a licensed insolvency trustee.
If you are dealing with tax problems, one way to deal with Canada Revenue Agency (CRA) is with a consumer proposal filed
through a Licensed Insolvency Trustee.
While a consumer proposal is still a legal process filed
through a Licensed Insolvency Trustee, you're not a bankrupt when you're in a proposal.
Both a bankruptcy and consumer proposal can only be made
through a Licensed Insolvency Trustee or LIT.
The CRA will only accept a tax debt forgiveness proposal made
through a Licensed Insolvency Trustee like Hoyes, Michalos.
A consumer proposal is the only legal, safe option to settle your debts for less than you owe because a settlement
through a licensed insolvency trustee:
To make a deal for less than the full amount tax debt owed, you must file a Consumer Proposal to Revenue Canada
through a Licensed Insolvency Trustee.
Not exact matches
It's an arrangement that's negotiated with your creditors
through a consumer proposal administrator (who is also a
Licensed Insolvency Trustee).
In Canada, having
Licensed Insolvency Trustees administering bankruptcy filings means that you have qualified professionals available to help you and take you
through all parts of the bankruptcy process.
If someone needs a fresh start
through a consumer proposal, this is something that only a
licensed insolvency trustee can file.
At Westgeest & Associates, your government
Licensed Insolvency Trustee, we supply detailed debt, credit, budgeting, and monetary advice
through caring, competent credit counsellors.
It is possible to safely consolidate and settle your debt
through a consumer proposal filed with a
licensed insolvency trustee.
Should you decide to pursue a consumer proposal, out
Licensed Insolvency Trustees will guide you
through the entire process.
These legal remedies for debt are done
through a
trustee who is
licensed through the Bankruptcy and
Insolvency Act.
As
Licensed Insolvency Trustees we will ask you some simple questions about your debts, what you own, your income and family size to determine what a bankruptcy may cost in your situation and help you compare this to alternatives like a consumer proposal or a debt management plan
through a credit counselling agency.
A bankruptcy is done
through the courts, and must be supervised by a professional who is
licensed by the federal government to assist in any
insolvency situation (
Trustee).
A
Licensed Insolvency Trustee can help you
through the process and make sure it is done as quickly and efficiently as possible.