We did not sign up for the consumer proposal
September 21st, 2015 by Questions
I had contacted a company about debt problems concerning two credit cards. I did my homework, and this company had an excellent rating. We were told that we could settle this for $260.00 a month for 60 months and that our credit would be repaired in one year. I have the paperwork to prove this; she said that it would be a consumer proposal, which we did not understand, and it was not explained (the seriousness of doing this). After they had got almost a $1000.00 out of us, she told us that it was going to be $355.00 a month for 60 months which is almost $100.00 a month more for five years, which we could not agree to because we would never be able to keep up with these payments. We had 2, 5 min meetings with her; we did not sign up for the consumer proposal, and there was no assessment done yet either. Are we entitled to a refund since we never even entered into a contract with this company?