Consumer Proposal FAQs Answered.
The bankruptcy alternative and No.1 debt relief option is a Consumer Proposal in Canada. It is becoming very well-known in Ontario with the increased cost of living. However, with that comes many misconceptions and questions surrounding the government-sanctioned program for safe and legal relief from overwhelming debt. Doug Hoyes, a Licensed Insolvency Trustee of Hoyes, Michalos, & Associates, explains. 00:00 - Introduction 00:15 - What is a Consumer Proposal? 00:34 - What debts are included in a Consumer Proposal? 01:19 - When is a Consumer Proposal a good option? 01:36 - What are the Advantages of a Consumer Proposal? 02:40 - Can I pick which debts to include in a Proposal? 03:07 - Are court finds and similar things also included? 03:32 - Where can I learn more about Consumer Proposals? #debt #consumerproposal #debtrelief #debtreduction #debtfreejourney #bankruptcy #HoyesMichalos #DebtFreeIn30 #DFI30
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