Definitions for "Consumer Proposal"
a legal process which allows a debtor to offer creditors a repayment plan covering all or a part of the debt in a lump sum or over an extended period of time
a legal process which provides a debtor with an opportunity to modify his or her payments to creditors by extending the time for payment or reducing the total amount to be paid and without ongoing interest, usually over a period of time
a means to negotiate with your creditors for the reduction of you debts and/or extension of time for payment of their debts
Keywords:  negotiated
a negotiated