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If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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bankruptcy

is consumers proposal considered as a bankruptcy

Posted from: Ontario

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One Response to “bankruptcy”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

No a consumer proposal is distinctly different than a bankruptcy. The consumer proposal is considered an alternative to bankruptcy and it provides a better recovery to your creditors than a bankruptcy would.