A buyer proposal can be a lawfully binding arrangement among you and your creditors, facilitated by a Licensed Insolvency Trustee (LIT). It allows you to repay a percentage of your debts by manageable, interest-free payments around a duration of as much as 5 years. Compared with individual bankruptcy, which https://myontarioaccountant.bloggersdelight.dk/2024/12/09/what-to-expect-when-working-with-a-consumer-proposal-administrator-in-toronto/