A consumer proposal is a solution that allows you to:
- Extend your payment delay
- Stop paying interest
- Consolidate your debts into a single monthly payment
- Reduce your payment amounts
- Keep all your assets
Thanks to a consumer proposal, a large percentage of the clients of our Montreal bankruptcy trustee were able to get out of debt without declaring bankruptcy. With this option, you will not have to borrow more money and accumulate more debt.
The consumer proposal is an alternative that will allow you to (finally) breathe a little. The amount of the monthly payment will be determined by your budget.
Only a bankruptcy trustee can initiate the legal proceedings. Once our Montreal bankruptcy trustee is handed your file, we’ll get started so that your creditors stop calling. We’ll also take care of negotiating with them.