Consumer Proposal

Consumer Proposal

What is a consumer proposal?


  • Alternative à la faillite

    Alternative to bankruptcy

  • La faillite est encadrée par la loi

    Legal process

  • Offre de remboursement partiel

    Settlement offer to repay only part of your debt to your creditors

  • syndic autorisé en insolvabilité

    Administered by a Licensed Insolvency Trustee (LIT)

  • Reconstruire cote de crédit

    Opportunity to rebuild a sound financial reputation

The process when submitting a consumer proposal


Remboursement - Dettes

Development of a settlement offer, subject to the approval of your creditors.

Paiement par mois

Only one monthly payment to make, directly to the Licensed Insolvency Trustee.

Cible - objectif

Released from the debts included in the consumer proposal upon meeting all the conditions.

Advantages of the consumer proposal


  • Check mark

    Simplifies your debt management.

  • Argent

    Reduces the total amount of debt you have to reimburse.

  • Cadenas

    Stops interest accumulation.

  • Fin des mesures de recouvrement

    Ends collection action by your creditors.

  • Protection

    Protects you against certain legal proceedings, including garnishment.

  • Schema - Vente

    Subject to creditors approval, the amount of your payment is set according to your budget.

  • Calendrier

    Flexible payback period, can be as long as 60 months.

  • Processus encadré par la loi

    The fees of a LIT are established under the Bankruptcy and Insolvency Act and are included in the monthly payments of your proposal.

  • Alternative à la faillite

    Allows you to avoid bankruptcy.

 Ginsberg Gingras, your debt solution


You are losing control of your financial situation and you are seriously considering filing a consumer proposal? Our Licensed Insolvency Trustees (LIT) can advise you.

We can help you throughout your efforts to end your financial difficulties. We’ll ensure your interests will be respected and we’ll be sure to keep you well informed about each step.

Contact us for a free, confidential evaluation without any obligation on your part.

Regain control of your finances now

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