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Bromwich+SmithToronto, ON · April 7, 2026

What is a consumer proposal? This debt relief option is the main alternative to bankruptcy

When debt becomes too much to handle, it can feel like there’s only one option: bankruptcy. But bankruptcy is not the only government-regulated option available. For many Canadians in this position, a consumer proposal has become the more common path. According to the Office of the Superintendent of Bankruptcy Canada, consumer proposals now account for...

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