Bankruptcy In

GTA

What is bankruptcy?

A consumer proposal is a unique form of debt relief that allows you to settle the debts for less that you own by making a “deal” with your creditors and incorporating them into a single, manageable monthly payment. This option can be an outstanding one without resorting to personal bankruptcy in Canada.

The advantages of bankruptcy?

  • Debt Forgiveness (Includes Credit Card, Overdrafts, Paypad loans, and Loans)
  • A safeguard of assets and income from creditors may otherwise be vulnerable to seizing.
  • Stopping debt stress of trying to make the minimum monthly payments.
  • The cost of bankruptcy is substantially cheaper than repaying the debts.
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