If you have some assets and income and your total debt is less than $250,000 (excluding primary residence mortgage), a formal proposal to creditors may be the best option. We can help you develop a plan that is formally proposed to your creditors. These plans are governed by a several characteristics:

• Fees are set by law
• Filed by a Trustee who is trained and licensed by the government to administer proposals
• Trustees are bound by a strict code of conduct under the Bankruptcy and Insolvency Act
• You are legally protected from creditors
• Interest stops upon filing
• Total amount of debt can be reduced in a proposal

To learn if this is the best solution for you, please call us today for a free consultation!