Posts

Showing posts from January, 2021

3 Reasons Why a Consumer Proposal Can Be Good for You

Image
Are you sick and tired of dealing with debts all the time? Do you feel like you are a drowning man because of the many debts you can’t pay? There is still hope in the form of a consumer proposal in Kamloops . This is a way to settle your debt legally without paying everything in full. With the help of a licensed insolvency trustee like Mike Wright & Associates Inc, you submit a consumer proposal in Kamloops to your creditors.  You negotiate the amount you will pay, which is more in your ability to pay and can be paid in 5 years or less. Here are some of the advantages that you can get with a consumer proposal in Kamloops: You have extra income to bounce back Since you are only paying a small amount from the original debt and you are given 5 years to complete the payments, you can use your extra money to bounce back from this ordeal. You get to keep your important assets Creditors will no longer hound you. They won’t seize your assets once they a...