A Consumer Proposal is an option available to individuals and businesses in which we help and arrange to make an offer to your creditors to modify your payments. It may result in a lower, more manageable monthly payment over a longer period of time, or it may result in your creditors’ agreeing to accept a percentage of your total debt.
As an honest but unfortunate debtor, you may choose to use the legal process of bankruptcy, regulated by the Act, to obtain a discharge from your debts (subject to reasonable conditions). Declaring bankruptcy means that your secured creditors cannot take legal steps to recover what you owe them, such as seizing your property or garnisheeing your wages
If you have filed a Division 1 or Consumer Proposal or declared Bankruptcy, you are required by the Bankruptcy and Insolvency Act to attend two Credit Counselling sessions. Look at these sessions as an opportunity to learn the tools to help you manage your finances in the future.
NORTH YORK OFFICE
1280 Finch Ave. West
Suite 306 , (3rd Floor)
North York, ON, M3J 3K6
Tel: 416- 650-1100
SCARBOROUGH OFFICE
4433 Sheppard Ave. East
Suite 201, (2nd Floor)
Scarborough, ON, M1S 1V3
Tel: 416-754-0011
MISSISSAUGA OFFICE
93 Dundas Street East
Suite 110, (2nd Floor)
Mississauga, ON, L5A 1W7
Tel: 905-275-4200
Brampton OFFICE
7990 Kennedy Rd. South
Suite 201, (2nd Floor)
Brampton, ON, L6W 0B3
Tel: 905-796-3100
Ajax OFFICE
174 Harwood Ave. S
Suite 201, (2nd Floor)
Ajax, ON, L1S 2H6
Tel: 416- 650-5800
