Consumer Proposals Can Help You Avoid Bankruptcy!
Many are burdened by high debt loads and are looking for practical solutions. Here's a detailed overview of Consumer Proposal from MSN Money and how it can help you resolve debt problems.
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Consumer proposals were introduced in the 1990s for people who can't afford to pay off their debts in full, but have income that is consistent enough that they can continue to make monthly payments. In the aftermath of the global financial crisis, they're being used more and more.
Last September the federal government enacted legislation that made filing for bankruptcy more expensive and time consuming and consumer proposals more attractive….”
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http://money.ca.msn.com/savings-debt/yourmoney/article.aspx?cp-documentid=25684250
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