Financial recovery requires the right tools
Home / Blog / Consumer Proposal You’ve made the decision to seek help with reducing your financial stress and you, with assistance from your licensed trustee, have decided that a consumer proposal is your best option, and your trustee has filed all the necessary paperwork. That’s it, right? You’re done! Well…not quite. In
Table of Contents Updated October 20, 2025 · Ontario guidance · Verified against OSB/CRA/credit‑bureau sources. This page explains how consumer proposals work for Ontario residents, including eligibility, the filing process, pros and cons, credit impact, CRA considerations, costs, and how to start with a Licensed Insolvency Trustee. What is a consumer proposal?
Home / Blog / Consumer Proposal Who can File a Consumer Proposal? If you are one of the many Canadians who finds yourself in financial difficulties, a consumer proposal can be a useful tool to get you back on your feet and debt-free. In this second of a ten-part series, we look
