Facts & Information Page:
Cameron-Okolita Inc. - Canada

Canadian Money Advisor Rank

Product Names

Product Name


Debt Consolidation

Orderly Payment of Debts

Informal Arrangements with Creditors

COMPANY CONTACT INFORMATION:

Cameron-Okolita Inc.
31 E Broadway St
Yorkton , SK S3N 0K4
Website:http://www.cameronokolita.ca/

Customer Service Phone: 306-786-3399
Customer Service Fax:306-359-7144
Contact's Phone:(306)359-0200
COMPANY INFORMATION AND BIOGRAPHY:

Cameron Okolita Inc. is helping a lot of Canadians all over Western Canada to work on their financial problems since 1995. Having offices in Regina, Edmonton, Red Deer and Calgary, they have a proficient reputation based on the knowledge and integrity they hold. They are offering their services in an affectionate and responsive environment.

The people composing Cameron Okolita Inc. are aware of your state and will be working with you to resolve your financial problems. They consider life is about second chances and that their task is to give you the break to have a new financial status. Their preliminary consultation starts with an evaluation of your financial dealings by assessing your debts, assets, income and expenses.

Once they have known your finances, they will talk about the merits and consequences of every alternative you have aiming to provide you with professional, non-judgmental recommendation. Subsequently, they will help you to select a suitable strategy and assists you through the whole process.

Product Name Product Description
Debt Consolidation Applying for a consolidation order belonging to the Orderly Payment of Debts terms of the Bankruptcy and Insolvency Act can be completed by the Provincial Mediation Board. The consolidation order will specify the amount and timing of payments to be prepared for the Mediation Board. These provisions grant a stay of proceedings in opposition to your creditors with a requisite to pay off every debt you have completely within a 3 year period. In addition to that is the interest which is at 5% yearly. A consolidation order will consist of all of your debts together with those which are secured. Thus, secured creditors from time to time will get hold of their collateral and subsequently, the resulting loan balance will be going with the consolidation order.
Orderly Payment of Debts Applying for a consolidation order belonging to the Orderly Payment of Debts terms of the Bankruptcy and Insolvency Act can be completed by the Provincial Mediation Board. The consolidation order will specify the amount and timing of payments to be prepared for the Mediation Board. These provisions grant a stay of proceedings in opposition to your creditors with a requisite to pay off every debt you have completely within a 3 year period. In addition to that is the interest which is at 5% yearly. A consolidation order will consist of all of your debts together with those which are secured. Thus, secured creditors from time to time will get hold of their collateral and subsequently, the resulting loan balance will be going with the consolidation order.
Informal Arrangements with Creditors Without the help of a Trustee, you can try to agree on settlements or new payment terms with your creditors. Yet, these arrangements must be properly documented. They might not be contractually necessary with every party. In this respect, until a settlement is essentially attained, creditors are allowed to go on with their legal enforcement proceedings.