You're not alone. Credit Card debt can rise in the blink of an eye, during the holiday shopping madness! For many, the situation gets out of control quickly.
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