Many people think the only way they can get out of debt is by filing for bankruptcy. While bankruptcy is the only solution for some people, the Canadian government has a debt forgiveness program in place that can help individuals pay down their debt without harming their financial situation. A 4 Pillars debt consultant in Victoria can help you with the process.
A Portion of Your Debt
When you talk to debt consultants about Victoria, you won’t necessarily have to pay your entire debt to clear it. The consumer proposal debt forgiveness program in Canada can help you reduce the amount you owe on your debts, making your required payments more affordable. The portion you will have to pay varies, and your 4 Pillars debt consultant will help you calculate the amount you will owe.
Affordable Payment Options
Your consumer proposal will implement a payment plan that allows you to pay off your debt in 60 months. Your debt consultants in Victoria will take a close look at your income and current bills to help you determine how much you can afford to pay each month without straining your finances. 4 Pillars wants to help you get out of debt with the most affordable repayment plan possible.
Get Legal Protection
Nothing is more stressful than dodging calls from your creditors. When you work with a 4 Pillars debt consultant to avoid bankruptcy, you will stop those annoying calls. Filing a consumer proposal gives you legal protection from your creditors, making it illegal for them to continue to contact you about your debt.