New Step by Step Map For declaring insolvency
A buyer proposal is a proper, legally binding process that is administered by a Licensed Insolvency Trustee (LIT). In this process, the LIT will get the job done with you to create a "proposal"—a proposal to pay for creditors a proportion of what's owed to them, or lengthen some time you have to pay off the debts, or both of those. The phrase of