Creative proposals

December 3, 2019

Creative proposals can be very helpful to help people get out of debt and retain assets that may otherwise need to be sold. 

Some of the proposals we have done over the years include step proposals, where the payments step up each year. 

Employment adjusted proposals, where the payments are adjusted for seasonal employment (income) adjustments. 

Lump sum proposals, where a single lump sum is offered in settlement or similarly third party payment proposals, where a friend or family member offers a lump sum or series of payments.

Deferred payment proposals, where payment is deferred until a a future event occurs – such as the sale of a matrimonial home following a divorce or separation.

The list goes on and can be tailored to your specific situation or circumstances – traditional proposals are straight line payments such as $200 per month for sixty (60) months, but there are other possibilities.