Consumer Debt Relief Programs
We Can Help
We Have Options That Will Bring You Relief
We can help you find a Licensed Insolvency Trustee (LIT) that help you avoid bankruptcy and settle your debts with your creditors. A consumer proposal is a legal option where you make one monthly payment over 60 months to settle your debts.
Consumer Proposal
We can help you find a Licensed Insolvency Trustee (LIT) that will assist you to prepare and file your proposal. You obtain protection from your creditors once you file and garnishments and legal actions against you must stop.The LIT can help you avoid bankruptcy and settle your debts with your creditors. A proposal is a legal option where you make an offer to your creditors to settle the debt based on your ability to pay the debt over a 60-month term. The consumer proposal allows you to consolidate your debt payments into one monthly payment for up to 60 months to settle your debts.
Once your consumer proposal is filed, your creditors can no longer continue collection activity and must work with the LIT. The majority of creditors that hold the debt must agree to your offer. If the creditors accept your proposal, your creditors agree to settle the total debt for less, and when you have paid off the proposal, you will be released from paying the balance of the debt.
Things We Can Help You With
- Credit Cards
- Loans
- Lines of Credit
- Student Loans
- Income Tax
- Car Loans
- Mortgages
- Unsecured Debts
or email us at contact@assetsurrender.com
Consumer Proposal Fast Facts
- Canadian Government legislated program
- A consumer proposal can reduce your total debt by as much as 85%
- Provides immediate relief from your unmanageable debt
- Stops all creditor actions including collection calls and wage garnishees
- Settle your debt based on what your can afford, not what creditors are demanding
- No accumulating interest as all interest charges are frozen
- Legally force creditors into a settlement, even if they don’t all agree
- CRA debt and student loans can be included (conditions apply)
- Your debt is settled based on what you can afford
- You can make one easy monthly payment, giving you up to five years to pay off the agreed-upon amount
- Unlike bankruptcy, a consumer proposal does not involve your assets or other possessions
- No additional fee payments from you, as we are paid by a government tariff
- You will be treated with dignity and respect and provided with the information needed to make an informed decision about your finances
Get Started
Reach Out to Asset Surrender Today and Get the Freedom You Having Been Looking For!
Simply fill out the following form in full detail and one of our agents will be in touch with you shortly.