The Misunderstood Truths About Consumer Proposal And Trustees | GEM Debt Law
What is a Consumer Proposal? Often called “Soft Bankruptcy,” Consumer Proposal allows a consumer-like yourself, to offer a debt repayment plan to their creditors, i.e. banks, loan companies, etc… This legal process is administered by the Office of the Superintendent of Bankruptcy under the Bankruptcy and Insolvency Act of Canada. (In