Consumer Proposal

Top Bankruptcy Alternative

Consumer proposals provide an effective solution for individuals seeking to regain control of their financial situation while avoiding bankruptcy. This resource page offers a comprehensive range of articles, answers to common questions, and inspiring stories related to consumer proposals. Here, you can learn what a consumer proposal is, how it works, alternatives to consider, and strategies to avoid the need for such a proposal.

Insights from Real Experiences and Anonymous Q&A

Inside, you’ll find anonymous questions and stories from those who have experienced consumer proposals firsthand. These resources help demystify the process, allowing you to gain insights from others’ journeys. By exploring these valuable materials, you can make informed financial decisions and feel empowered to take steps toward a more secure future.


Can a consumer proposal improve my credit score?

Can a consumer proposal improve my credit score?

consumer proposal
Discover how a consumer proposal can impact your credit score. Learn how your score can rise after completion by adopting smart financial habits. Read now!
Everything you need to know about Consumer Proposals in 5 minutes

Everything you need to know about Consumer Proposals in 5 minutes

consumer proposal
Everything you need to know and everything the banks don't want you to know about a consumer proposal debt solution.
Will I lose my house under a consumer proposal?

Will I lose my house under a consumer proposal?

consumer proposal
Worried about losing your home during a consumer proposal? Discover how to protect your house while managing debt. Read now for peace of mind!
Do you lose your credit cards during a consumer proposal?

Do you lose your credit cards during a consumer proposal?

consumer proposal
Wondering if you lose your credit cards after a consumer proposal? Discover what happens to your access and learn about rebuilding your credit. Read now!
What are the criteria for a consumer proposal in Canada?

What are the criteria for a consumer proposal in Canada?

consumer proposal
Discover the criteria for a consumer proposal in Canada! Learn what qualifies you and how an insolvency trustee can help. Read now to ensure you're prepared!
Does the CRA Recognize Consumer Proposals for Tax Debts?

Does the CRA Recognize Consumer Proposals for Tax Debts?

consumer proposal
Discover how consumer proposals can help you manage tax debts with the Canada Revenue Agency. Learn more about this smart debt solution now!
What details can banks keep about my consumer proposal?

What details can banks keep about my consumer proposal?

consumer proposal
Discover how a consumer proposal in Canada affects your credit report and future lending. Learn more about the implications and communicate with banks today!
What can I do if my consumer proposal is rejected?

What can I do if my consumer proposal is rejected?

consumer proposal
If your consumer proposal gets rejected, don't worry! Explore your options with a Trustee and consider personal bankruptcy as a last resort. Learn more!
Can I add new debts to my consumer proposal?

Can I add new debts to my consumer proposal?

consumer proposal
Learn about the importance of managing debts during a consumer proposal. Keeping your finances in check is key. Read now to find out how to avoid bankruptcy.
Can I settle my consumer proposal early with my LIT?

Can I settle my consumer proposal early with my LIT?

consumer proposal
Learn how to wrap up your consumer proposal early in Canada! Discover the benefits and negotiate with your Licensed Insolvency Trustee today.