Consumer proposals have become the debt solution of choice for Ontario consumers because:
- avoids bankruptcy
- you keep all your assets
- protects your pay cheque
- you’re out of debt in 5 years or less
- saves thousands of dollars
In a consumer proposal you’re outstanding debts are reduced to about 30% saving you thousands of dollars.
Interest and fees are stopped, you keep all of your belongings, and garnishments and collections are stopped.