When I meet with someone in our Kitchener-Waterloo bankruptcy offices, my role is to assess the situation and help that person understand the options that are available to deal with his or her debts.
Everyone has heard about personal bankruptcy, but what about a consumer proposal? A consumer proposal is an offer made to unsecured creditors when a person can’t pay his debts in full, but he can afford to pay some of the debts back and wants to avoid some of the negative effects of bankruptcy.
I will be appearing this Saturday, March 13, on Ask the Experts on AM570 News in Kitchener to discuss consumer proposals. Joining me will be Scott Schaefer, a local trustee in bankruptcy.
If you want to review your situation, feel free to give me call at 310-PLAN. You can also send me an e-mail.
