The Standard Form Proposal:

A fixed monthly payment for a fixed number of months, for example, $600.00 a month for 60 months, or $36,000.00. The payment amount and payment term offered in your proposal are based on your personal budget, taking into account what you would be required to pay in a bankruptcy. This is the most common type of proposal.

We have considerable experience in dealing with creditors, and we specialize in tailoring Consumer  Proposals to fit an individual’s specific needs. We want to ensure that any payment plan you are committing to is not so onerous or difficult for you, that it leads to an inability to complete the proposal.

In order for any Consumer Proposal you consider to be successful, it should provide you with a little money left over for you to reward yourself once and a while, even it is just a little bit. One of our Licensed Insolvency Trustees would be happy to sit down with you and help you draft a proposal. So please do not hesitate to contact us.