At Toronto Consumer Proposal, we concentrate on Consumer Proposal services. In an easy fashion, we could discuss to you the distinctions in between Bankruptcy, Financial obligation Consolidation financings and Customer Propositions. These are a few of the choices readily available to you for financial obligation administration. We could aid with debt relief varying from charge card financial obligation to exhaust financial obligation. There are many options available to people who have debt loads which they are finding difficult to reduce. They normally find themselves in positions where they are paying monthly minimums on their credit cards or making partial payments on their debts. With interest charges on many debts being over 20% they find that the principal owing does not go down. At this point it’s time to take stock and look at the options available. There are really four options open to you to manage your debts: Credit Counseling, Debt Consolidation, Bankruptcy or a Consumer Proposal.