Skip to content
Estimate your debt percentage
Explore solutions
Meet our consultants

What is a consumer proposal?


What is a consumer proposal?

You are not filing for bankruptcy.

Whenever financially possible, the proposal should always be the preferred alternative to regain your financial freedom.

Protecting your assets against seizure

The consumer proposal allows you to shelter yourself from your creditors' legal proceedings. Lawyer fees, the risk of losing your possessions and much stress are therefore avoided.

You keep all of your assets

This is an important advantage if you have assets (such as a home) that are worth more than the mortgage balance.

Creditors stop calling

Once the proposal has been filed, the trustee becomes the only contact with your creditors. No more calls.

A good option for you if:

  • You are able to repay a part, but not all, of your debts;
  • You have filed for bankruptcy in the past and want to avoid the drawbacks of a second bankruptcy;
  • You have assets that are worth significantly more than the amounts due to your secured creditors;
  • You are a professional, licensed or not, and do not want your work to be affected by a bankruptcy;
  • You wish to avoid bankruptcy for personal reasons.

To learn more about our services:


steps to free yourself without filing for bankruptcy


steps to free yourself without filing for bankruptcy

  1. An initial meeting with your counsellor to discuss your options.
  2. Signing of documents and the start of the protection provided by law.
  3. On the 45th day, votes submitted by your creditors are counted.
  4. When accepted, once the final payment is made on your proposal, discharge of all your debts (some exceptions prescribed by law)

of proposals filed by Jean Fortin & Associés are accepted.


My first appointment: What can I expect?


My first appointment: What can I expect?

The first appointment usually lasts about one hour. Other consultations may be required, depending on the complexity of your file or if you so require. These are free of charge.

The goal is to:

  • Determine the cause of your financial difficulties;
  • Calculate your income and expenses;
  • Determine and analyze your debts and assets;
  • Explain different possible solutions (pros and cons);
  • Offer our advice on the best solutions for you;
  • Answer all your questions.

After the first appointment, you will know what your options are, you will normally have resolved your concerns and worries and you will have answers to all your questions.

You will then be able to take the time to think about the path you wish to take.

What should I bring?*

Assets, income and investments
  • List your debts and recent account statements
  • Pay stub or bank statement
  • Alimony ( judgment or agreement )
  • mortgage statement
  • municipal tax bill
  • Act of purchase (if possible)
  • Contract of sale / lease
  • State of recent account
  • Registrations and insurance copies

* Although it is convenient to have these documents in hand for the first meeting, they are not essential and may always be provided thereafter , as required.

Client Testimonials

Not once did I feel judged, instead, I felt compassion.

A human approach

Before and After

Before After


Your questions

The answers to the questions you ask about consumer proposal

1 877 777-2433

Toll free,
free consultation

Make an appointment online

© 2017 Jean Fortin & Associés - Licensed trustee in insolvency.