Consumer Proposal

If you simply cannot balance your monthly budget and meet all of your debt obligations, a Proposal to your creditors may be an option. This allows you to make payments to your creditors based on your ability to pay after your basic living expenses. This option also stops interest charges and allows you to only pay a portion of your total debt.

If you only have enough income each month to pay your basic living expenses, then Personal Bankruptcy may be your best option.