What Is a Consumer Proposal?

A Consumer Proposal is a legally binding agreement between you and your creditors to settle your debts for less than you owe. It's a formal process governed by the Bankruptcy and Insolvency Act of Canada, designed to help individuals facing financial difficulties avoid bankruptcy while providing creditors with a better return than they would receive through other means.

Benefits of a Consumer Proposal:

Debt Reduction: Potentially reduce your unsecured debts by up to 70%.
Asset Protection: Keep your assets, including your home and car.
Single Monthly Payment: Consolidate your debts into one manageable monthly payment.
Interest Freeze: Stop interest from accruing on your debts.
Legal Protection: Immediate relief from creditor actions, including wage garnishments and collection calls.

Our Services:

At BNA Debt Solutions, we offer a range of services tailored to your unique financial situation:

Consumer Proposals: Negotiate with creditors to reduce your debt and establish a manageable repayment plan.
Personal Bankruptcy: Explore bankruptcy options if a Consumer Proposal isn't suitable for your circumstances.
Debt Repayment Planning: Develop personalized strategies to manage and eliminate your debt.
Financial Counseling: Receive guidance on budgeting, credit rebuilding, and financial planning.

Why Choose BNA Debt Solutions?

Experienced Professionals: Our team consists of Licensed Insolvency Trustees with extensive experience in debt relief.
Personalized Approach: We understand that each financial situation is unique and offer solutions tailored to your needs.
Confidential Consultations: Your privacy is our priority; all consultations are confidential and non-judgmental.
Local Expertise: Serving Northwest Calgary, Alberta, we have a deep understanding of the local economic landscape.

Client Testimonials:

"BNA Debt Solutions helped me regain control of my finances. Their team was understanding and guided me through the entire process. I can now see a clear path to becoming debt-free." – Sarah M., Calgary, AB

"I was drowning in debt and didn't know where to turn. BNA provided a solution that fit my situation, and now I'm on my way to financial freedom." – John D., Calgary, AB

Contact Information:

We are conveniently located in Northwest Calgary to serve you better.

Calgary Office:

Address: 150 – 703 64th Avenue SE, Calgary, AB T2H 2C3
Phone: (403) 232-6220
Toll-Free: (888) 232-6220
Fax: (403) 232-6262
Business Hours: Monday – Friday, 8:00 AM – 5:00 PM

Edmonton Office:

Address: #200, 6005 Gateway Boulevard, Edmonton, AB T6H 2H3
Phone: (403) 232-6220
Toll-Free: (888) 232-6220
Fax: (403) 232-6262
Business Hours: Monday – Friday, 8:00 AM – 5:00 PM

Get Started Today:

Taking the first step towards financial freedom is easy:

Schedule a Free Consultation: Call us at (403) 232-6220 or fill out our online form to book a confidential, no-obligation consultation.
Assess Your Situation: Our Licensed Insolvency Trustees will review your financial situation and discuss your options.
Develop a Plan: If a Consumer Proposal is suitable, we'll help you prepare and file it with your creditors.
Achieve Debt Relief: Once accepted, you'll make manageable payments and work towards becoming debt-free.