A Consumer Proposal is a legally binding debt relief and repayment plan that allows you to repay your creditors without interest – usually at a fraction of what was originally owed. Your Spergel trustee will work with you to develop, negotiate and manage a payment plan that you can afford. There are many reasons to consider a consumer proposal:
- Reduce the amount you pay by up to 80%
- Freeze interest and penalties on your debt
- Stop collection calls and wage garnishments
- Keep many of your assets
- Avoid bankruptcy
Spergel has helped over 100,000 Canadians experience debt freedom.
Our Licensed Insolvency Trustees will answer all of your questions and explain your options with the personalized attention you deserve.
This calculator is for demonstration purposes only.