BankruptcyCanada’s government licensed insolvency professionals are here to help you with your debt problems.
Your free consultation with a Bankruptcy Canada Trustee can take place over the phone or in person.


"Thank you for your help and guidance to get out of debt once and for all!

Bookmark Bar

Bankruptcy Canada Has Helped
hundreds of thousands of Canadians
Just Like You get out of debt Since 1999

Consumer Proposal Services

A Consumer Proposal is Only One of the Debt Relief Services We Offer

If you are dealing with debt, but you don't want to file for bankruptcy because you will lose certain assets, a consumer proposal could be the alternative to bankruptcy that you are looking for to get out of debt.

If you are wondering what a consumer proposal is, we can help you understand the process.

Basically, a consumer proposal is a legal agreement between you and your creditors that makes a plan for you to get out of debt by repaying a part of the debt you owe over a set period of time.

Some of the benefits over personal bankruptcy that a consumer proposal offers is you can keep your home and car, regardless of the equity you have.

A consumer proposal allows you to make regular monthly payments at a reduced rate on your unsecured debts so you can keep the assets you would like to keep.

The amount you will repay in a consumer proposal is based on your income and what you owe, but often you will be able to reduce your debt payments to 30% of what you originally owed.

Another benefit of a consumer proposal is that there is no interest charges throughout the consumer proposal debt repayment plan.

To get more answers you can schedule a free confidential evaluation by filling out our online consultation request form or calling your local office.

We Offer Friendly Advice and Guidance

When you are faced with an overwhelming debt problem, understanding your debt relief options can be confusing.

You don't have to worry, because our Licensed Insolvency Trustees are here to help you get out of debt.

We take the time to understand your concerns and the source of your debt problems so we can provide the right solution for  you.

We will carefully review your situation to determine if a consumer proposal can help you get out of debt.

If a consumer proposal is the right way forward for your situation, we will help you make up a consumer proposal that will work for your budget and will be attractive to your creditors.

Consumer proposals can help you ease your debt worries and move on to a fresh financial start.

Our consumer proposal services can help you deal with financial difficulties and get a fresh financial start.

When you make a legally binding proposal agreement with your creditors, you will have protection from your creditors and you will be legally released from the obligation to repay your debts when you successfully complete your proposal.

By making a proposal with your creditors you can improve your financial situation and start a new financial life free from debt.

When you complete your proposal agreement you can begin rebuilding your credit although it will remain on your credit report for 3 years.

Here’s how the consumer proposal process works:

Consumer Proposals Offer a Flexible Solution

Consumer proposals give you flexibility in working out a way to get out of debt that works for both you and your creditors.

Under a consumer proposal plan you can work out payments over several years, or you can make a lump sum payment if you have assets to cash in, or can borrow money from friends or family.

A consumer proposal also allows you to pay extra money into your proposal at anytime if your situation improves, so you can pay off your proposal faster.

To learn more about a consumer proposal, and the benefits it offers, please get in touch with Bankruptcy Canada today to schedule your free, no-pressure confidential consultation meeting.

Consumer Proposal Services in Canada





Nova Scotia

Consultation Form Block

Consultation icon
Get a Free
Confidential Consultation

A Bankruptcy Canada Government Licensed Debt Professional will contact you as soon as possible.

Testimonial Block

"Thank you so much for your caring help."
"I was quite angry at my situation when I first came to meet with your trustee. I was so happy to meet with you and speak about my debt problems. I felt like there was light at the end of the tunnel. Thanks for your caring and professional attitude. You made things much easier to deal with." Dave - Calgary, Alberta


All of the Licensed Insolvency Trustees of Bankruptcy Canada are members of CAIRP (Canadian Association of Insolvency and Restrucuring Professionals).
CAIRP is the governing body that advocates for the insolvency (bankruptcy and consumer proposal) process in Canada.