Consumer Proposal Moncton

Consumer Proposals in Moncton: Your Guide to Regaining Financial Stability

As you navigate the turbulent waters of financial difficulties, it’s crucial to understand your options. One such option is a consumer proposal. It is a legal process supervised by a Licensed Insolvency Trustee (LIT) that can help you regain control of your financial situation. Let’s delve deeper into understanding what a consumer proposal in Moncton entails.

Introduction to Consumer Proposal

A consumer proposal is a legal agreement set up by a Licensed Insolvency Trustee. It is designed to help individuals repay a portion of their debt, providing relief from the constant stress associated with financial difficulties.

500 St. George Street, Moncton, NB, E1C 1Y3

Moncton Consumer Proposal Office

Bankruptcy Canada: Your Trusted Partner

For individuals seeking to file a consumer proposal in Moncton, Bankruptcy Canada stands as a trusted partner. With a legacy dating back to 1999, we’ve helped over 100,000 individuals regain their financial footing.

Consumer Proposal: Step by Step

Filing a consumer proposal in Moncton involves several steps, each crucial in its own right. Here’s a simplified breakdown of the process.

  1. Free Initial Consultation: Bankruptcy Canada offers a free, no-obligation initial consultation. During this session, you will discuss your financial situation with a Licensed Insolvency Trustee or an Estate Manager.
  2. Proposal Preparation: The LIT prepares the proposal, outlining the terms of the payment you can afford.
  3. Proposal Submission: Your LIT submits the proposal to your creditors. The creditors have 45 days to vote to accept or reject the proposal.
  4. Debt Repayment: If the majority of creditors accept the proposal, all are bound by its terms. You begin making payments to your LIT, who distributes the funds to your creditors.

Why Choose Bankruptcy Canada

Bankruptcy Canada is renowned for our sensitive and personalized approach. Our dedication to treating every client as a person, not a number, has earned us high praise from clients.

Conclusion

Dealing with financial difficulties can be challenging. However, with the right guidance and support, it’s possible to regain control of your financial life. If you are considering a consumer proposal in Moncton, Bankruptcy Canada stands ready to assist.

Contact Us Today

We help Moncton residents get out of debt with our government licensed consumer proposal services.

Benefit from the Personal Touch of a Licensed Consumer Proposal Expert in Moncton

Bankruptcy Canada is a respected group of licensed insolvency trustees who can offer expert advice and tailored debt relief solutions to individuals and businesses in Moncton, regardless of their financial circumstances. We make diligent efforts to assist debtors in eliminating their debts and getting a fresh financial start. We can help lessen our clients’ debt burdens while upholding their dignity, stop wage garnishments, stop collection calls and stop all legal court actions against you.

Get out of Debt and have family bliss and happiness
We can help you determine whether a consumer proposal is right for you

A Consumer Proposal is your Chance for a Fresh Start in Moncton.

Call for a free and confidential consultation at our Moncton Office for immediate help with debt relief through a Consumer Proposal in Moncton.