Vancouver Island Debt Relief
If you are living on Vancouver Island you have much to be thankful for. For that matter, anywhere along the west coast of BC is a wonderful spot. That can be hard to keep in perspective when the pressure is mounting over your unpaid bills and debt collectors have started to phone. You may be wondering about debt consolidation options. Is there a way to find local Vancouver Island debt relief?
Face to Face vs Online
The Covid-19 pandemic has changed the way that most of us live day today. Who would’ve thought that a face mask would become a standard piece of wardrobe? In addition to big gaps in our already polite Canadian lineups at stores and banks.
What has also become more standard is conducting business and doing transactions either via phone or online. This can be a convenient and safe thing to do especially when we are all doing our part to “bend the curve” of the pandemic.
How much of this online/phone/work from home trend will stick with us into the future is yet to be determined. As part of the debt settlement programs that we administer, we have found it convenient to conduct the two mandatory credit counselling sessions via phone or some type of online platform.
However, when we first interact with people, we often sense a legitimate hesitancy if that meeting is taking place via phone or online. After all, you are not quite sure where the other person on the line is located. You could be talking to someone in Texas for all you know.
We feel there is more confidence and trust built in a face-to-face meeting. For that reason, we have a number of convenient locations on Vancouver Island ranging from Campbell River to Courtenay to Parksville. We have a variety of Covid safe protocols to ensure the meetings are safe.
On the other hand, we respect those who don’t even want the slightest chance of illness so we regularly conduct initial meetings via phone or online. The choice is yours.
In the event that you do require a face-to-face meeting on Vancouver Island, rest assured that not only is that possible, we feel that it should be an important part of making a choice of who to deal with.
The Most Popular Way to Consolidate Debt on Vancouver Island
In some of our other blogs, we have commented on how Consumer Proposals have grown in popularity right across Canada. That trend has continued on the West Coast and seems to be accelerating.
A Consumer Program is a Federal debt settlement program regulated by the Government of Canada and administered by a Licensed Insolvency Trustee (that’s us).
This powerful debt relief program has several good things going for it, such as:
- Zero-interest on unsecured debt once it starts
- A stay of proceedings. This means you don’t pay your debts directly and they are not allowed to collect from you.
- Most importantly, the ability to offer a percentage on the dollar paid over time.
- Includes the majority of unsecured debt including income tax debt
- Comes with two beneficial financial counselling sessions
Contact Us – We are Here to Help
Everyone’s situation is a little bit different and a Consumer Proposal might not be the best choice for your situation. Sometimes, a personal Bankruptcy can be the most practical tool to reset your finances.
If you feel that you could benefit from Consumer Proposal services, take advantage of our free initial assessment to ask us questions and get the information you need to make an informed decision. Reach out to one of our convenient locations to talk with a LIT today, either in person during a face-to-face meeting or via phone.