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.


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.
What happens to my consumer proposal if I move?

What happens to my consumer proposal if I move?

consumer proposal
Discover how moving impacts your consumer proposal. Notify your Licensed Insolvency Trustee and explore local resources for debt management. Read now!
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.
Can a Licensed Insolvency Trustee access private mortgage debt?

Can a Licensed Insolvency Trustee access private mortgage debt?

consumer proposal
Discover how a Licensed Insolvency Trustee can help you navigate debt assessments and consumer proposals. Learn more about managing your financial situation effectively!