I am owing a dept of $210,000. Should I opt for bankruptcy or proposal? I'm totally confused now. When I read an article the other day, compares the bankruptcy and proposals. In that it says that, if the dept is below $250,000 it is better to select the consumer proposal is enough. Is it true? Is this a correct information? I would like to know your comments on this. Here is that article: http://www.billfixer.com/bankruptcy/proposals-vs-bankruptcy-which-is-better-for-you/. Kindly, share your opinions as soon as possible.
Thanks in advance