For those who have big assets such as for instance a property otherwise car, a customer proposition is usually the better option. A customer proposal protects the assets and you will keeps them independent regarding brand new agreement the Lighted negotiates with your financial institutions. Very, you will not have to give up any property, together with your household, car, taxation refunds, financial investments and you will domestic guarantee.
Individual proposals enables you to pay merely a portion of their personal debt over an extended period. Of numerous proposals utilize the limit number of 5 years which keeps monthly payments lowest.