A consumer proposal is a formal agreement between you and your creditors to repay a portion of your debts over time and write off the debts you can’t afford.
Personal bankruptcy is a legal process to obtain relief from unsecured debts while treating creditors equally and fairly.
There’s no denying that living with debt is all consuming. You might put a brave face on for your loved ones, but the reality is you can’t stop stressing about where the money is coming from to put food on the table and keep the lights on at home.
You don’t have to live like this. You can live a life safe in the knowledge that your debts are being managed and you don’t need to worry that bailiffs are going to knock on your door at any moment