Let Murphy & Associates Handle Your Financial Stress

[jonathan palacios]

If you are experiencing trouble with debt, then consider working with
us to help alleviate your financial stress. Together we can explore
the various options of of debt-relief, and help you to find a
solution.

Sometimes, if you are not able to relieve your financial difficulty
through financing or informal arrangements with your creditors, a
formal process may be required.

A proposal to creditors may be an option available depending upon the
amount of debt, payment ability, and your personal situation. Filing a
proposal under the Bankruptcy and Insolvency Act will stop creditor
action immediately. Creditors may not pursue collection until they
have considered your proposal.

1. The proposal is prepared by the Trustee based on the information
you provide, and distributed to your creditors for consideration.

2. A proposal will offer the creditors a percentage of the amount
owing, usually paid in monthly installments and distributed to the
creditors at regular intervals by the Trustee.

Murphy & Associates: http://www.cma1.ca/581