Articles & Insights
How long after a consumer proposal can I get a mortgage?
A consumer proposal is an excellent form of legal debt relief for many Canadians, and is an increasingly popular bankruptcy alternative.
Consumer Proposals: Articles
Explore expert insights, practical tips, and real-life guidance to help you understand how consumer proposals work.
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Read More About Consumer Proposals
Helpful articles to guide you through the process, answer your questions, and support your journey to becoming debt-free.
Articles & Insights
Why does the court have to approve a consumer proposal?
A consumer proposal is Canada’s most popular bankruptcy alternative. It is a legal debt settlement process in line with the Bankruptcy and Insolvency Act, whereby an individual works with a Licensed Insolvency Trustee to suggest an affordable monthly repayment figure to their creditors.
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Consumer proposal FAQs
A consumer proposal is a legal debt settlement option available to Canadians who find themselves overwhelmed by their financial obligations.
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Types of consumer loan and how to use them
There is a common misconception in Canada that all types of debt is bad. Good debt, however, is such a thing – provided you take on loans with a goal of investing in the future or learning new skills, it can be a wise move.
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Consumer proposal Toronto – all you need to know
Struggling to make your monthly payments? In need of debt relief that will substantially reduce your monthly payments?
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Why would a consumer proposal be rejected?
Now we have established that a consumer proposal can be rejected, you are likely wanting to know more about the reasons why.
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Consumer proposal vs credit counselling: which is best?
Struggling with multiple debts that do not ever seem to disappear? Ready to get rid of your debt once and for all? If you are keen to gain debt relief, you may well have heard of both credit counselling and a consumer proposal.
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Disadvantages of consumer proposals: what are the alternatives?
A consumer proposal is a form of debt relief that is backed by the Canadian government.
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Certificate of Full Performance consumer proposal – what is it?
When you file a consumer proposal, half of the battle is having it accepted by your creditors and the court.
Success Stories
John’s Story
Turning fraud-fueled financial struggles into success: how Spergel helped John
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Jennifer’s Story
Breaking Free: How Jennifer and Her Husband Escaped the Debt Trap with Spergel
See How Much You Could Save With a Consumer Proposal!
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Real Canadians. Real Success — Like Larissa
“I can’t thank Spergel enough for their support and expertise during one of the toughest times in my life. Their consumer proposal not only reduced my debt significantly but also stopped the constant stress of creditor calls. Now, I’m able to focus on providing a stable future for my children without worrying about money. And, I can now sleep at night! Spergel truly gave me a fresh start.”
– Larissa, Ontario
Larissa’s Story is just one of many
It shows that once you face your debt and get the right help, life can get better – quickly. Discover more Success Stories of Canadians we’ve helped, or reach out to us.
They Said It Best
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