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Consumer Proposals

Consumer Proposals

Consumer proposal costs, debt limit when filing, paying taxes while in a proposal, qualifying for a mortgage in a proposal, and more.

Assets

Will a consumer proposal protect me from losing my car or home?

Cost and payments

What does a consumer proposal cost?

How are Licensed Insolvency Trustees paid?

In a consumer proposal, when is my first payment due?

In a consumer proposal, will I be charged any additional fees on top of the proposal amount?

Other

What is my best debt option, a Consumer Proposal or Bankruptcy?

Will my friends, family, employer, spouse, etc. find out if I enter a structured debt repayment program?

Credit Cards

If I file a Consumer Proposal, can I still keep my current credit card?

Can I apply for a credit card when I am in an insolvency process?

Taxes

Do I have to file taxes during a Consumer Proposal?

Can debts owed to Canada Revenue Agency be included in a Consumer Proposal?

Do I lose my tax refunds in a Consumer Proposal?

Mortgages

Will my mortgage renewal be affected by a Consumer Proposal?

Will I qualify for a mortgage in the future if I file a Consumer Proposal?

Debts

What is the minimum amount of debt to include in a Consumer Proposal?

Is there a debt limit when filing for a Consumer Proposal?

Can I choose which debts to include in a Consumer Proposal?

Can I include corporate debt in a Consumer Proposal?