What to Do If Your Consumer Proposal Gets Rejected
Many people file for a consumer proposal in Kamloops to get out of debt. A consumer proposal in Kamloops reduces debts so that the person with the debt can pay it off. This is a way for people with a lot of debt to get out of their financial mess. However, the consumer proposal will have to be approved by your creditors. If they vote no, you will still have to push through with paying for your debts. You can also do the following things: Talk to your creditors again and renegotiate the terms You might be able to persuade them into rethinking their decision if you renegotiate the length and the amount of the debt. You can file for bankruptcy Bankruptcy should always be a last resort. If you have already exhausted all other options and bankruptcy is all that is left for you to do, you can hire experts such as Mike Wright & Associates Inc. to help you. Consider a different debt relief method You can opt for debt consolidation where...