Consumer proposal
A consumer proposal is a simple, effective solution that helps you settle your debts by negotiating a single agreement with all your creditors, with the support of a trustee.
It allows you to avoid bankruptcy while keeping your assets, including your home and car. You repay your debts over a period of up to five years, interest-free, with a single, regular payment.
Once the process is complete, you’re debt-free and can start afresh from a sound financial footing.
Is the consumer proposal right for you?
Contact a Bresse advisor to explore your options with confidence and ask all your questions.
Advantages of a consumer proposal
It allows you to avoid bankruptcy while keeping your assets, such as your car or house, and freeing you from your debts.
It facilitates negotiations with your creditors for interest-free repayment over five years, according to your ability to pay, via a single monthly payment.
Disadvantages of the consumer proposal
Your credit file is generally affected for 3 years following the end of the proposal.
In some cases, this process can be more costly than bankruptcy.
Your credit record is generally affected for up to three years following the completion of the proposal; however, our team will help you gain clarity and understand your situation.
Journeys like yours
What you're going through is far from unique. Thousands of people have been in this situation before. You deserve a second chance.
Claude’s retirement
“From my very first meeting, Charles helped me understand my options and put my situation into perspective. I quickly realized that by filing for personal bankruptcy, I could eliminate all my debts while keeping my car and my belongings. So I chose this solution. From day one, I felt relieved and started sleeping again. In just nine months, I was discharged from all my debts.”
Stéphane’s health problems
“I have only one thing to say: thank you! You guided me toward the most effective solution to help me get through this difficult period. You took the time to help me prepare to speak with my creditors — and at no cost. Today, my situation is back to what it was before my health issues. Thank you for your honesty, your transparency, and the excellent advice you gave me.”
Simon’s divorce
“I had gotten to the point of wondering whether I was still able to properly take care of my son, I was so deep in debt… My whole world was collapsing. A friend told me about BRESSE, so I decided to meet with one of their advisors. An immense weight was lifted off my shoulders from the very first meeting.”
Sophie’s taxes
“Until my first meeting with my advisor at BRESSE, I thought I would never get out of my situation. Martin clearly explained all my options and took the time to answer my questions. The decision was very easy to make. I chose the consumer proposal. Throughout the entire process, I felt well supported. Thank you to the whole team.”
Emilie and Marc’s progressive indebtedness
“We had gotten to the point of taking cash advances on one card just to make the minimum payment on another. We didn’t even dare answer the phone anymore because we no longer knew what to say to our creditors. From our very first meeting, the pressure lifted: our advisor helped us regain control of our finances. We can finally breathe again! Thank you to the professionals at BRESSE.”
Eric’s job loss
“Thank you to the BRESSE team for taking the time to carefully analyze our situation. The solution proposed by our advisor allowed us to avoid bankruptcy and keep our home as well as our car.”
