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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 Super Intendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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what is a person who files a consumer propsal called?

A person who filed for bankruptcy is called bankrupt. A person who submits a consumer proposal is called ?

Posted from: British Columbia

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One Response to “what is a person who files a consumer propsal called?”

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

There really isn’t an equivalent term when you consider how frequently the term bankrupt is used. The closest term would likely be a consumer debtor, but practically it is often used and could likely be used to refer to a much wider number of situations.