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Filing a Consumer Proposal in Toronto is indeed a popular option for consumers to consolidate their debts and pay their way out of debt. Many choose it over a bankruptcy particularly because it provides them the advantage of being able to pay back a portion of what they owe without losing their assets and for its less severe impact on their professional and social standing on the whole. But while it is one of the top insolvency options available in Canada, is it the right debt solution for you?
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