Obtain A Consumer Proposal in Richmond Hill through a Licensed Insolvency Trustee

This video clip provides you with a quick overview of consumer proposals for men or women in Richmond Hill, Thornhill, Markham, Vaughan and neighbouring areas as to what a Consumer Proposal is and what forms of arrears can be incorporated into the proposal.

Is a consumer proposal the absolute best choice for credit card debt relief in Richmond Hill?

More and more individuals decide on a consumer proposal vs bankruptcy in Richmond Hill.

The different kinds of unpaid bills which may be contained in a consumer proposal.

• Credit card bills
• Doctor's bills
• Private loans
• Payday advance loans
• Lines of credit
• And selected student loans

you may also incorporate debt to the CRA for tax and GST/HST.

What exactly is a consumer proposal?
A consumer proposal is a legal course of action within the bankruptcy and insolvency act. It is a written agreement that legally binds you and the creditors.

A consumer proposal is an arrangement between you as well as your creditors. The amount of money you repay is as a general rule significantly less than the sum of money you owe. The amount is predicated on an amount you would be able to realistically be likely to pay and interest charges stop.

What positive effects do you want to get as part of a consumer proposal?

• A proposal instantly puts a stop to any lawsuits or garnishees and collection telephone calls.
• It gives you the opportunity to repay your debts without applying for personal bankruptcy.
• Interest charges and penalty charges stop.
• Repayment is dependant on what you are able to afford, not your outstanding debt.

As opposed to a debt management plan or a consolidation loan that is actually repaid in its entirety.

A Consumer Proposal may be a great choice to give some thought to if you can't meet the requirements or were turned down for a consolidation loan.

Quit fretting about financial debt. Worry can cause emotional stress that may affect your sleep at night, your overall health as well as your work. Speak to a licensed insolvency trustee.

Get a complimentary appointment with a licensed insolvency trustee or licensed consumer proposal administrator. Richard Killen & Associates also offer after work consultations. During your free consult, we will review all of your possible choices for debt relief.

Keep in mind, only licensed insolvency trustees can offer all the debt relief solutions.

• Consumer proposals
• Personal bankruptcy
• Personal debt counselling

Richard Killen & Associates have offices across the Greater Toronto Area.
Call our Richmond Hill Office at XXX to book a no cost consultation.
It will be the most stress-relieving call you'll ever make!
Richard Killen & Associates Ltd Richmond Hill

9140 Leslie Street
Richmond Hill, ON L4B 0A9, Canada
Tel: +1 905-513-0699

For more information go to the Richard Killen & Associates website at
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