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What is a consumer proposal? How does it work? - MoneySense

Summary by MoneySense
Getting trapped in a perpetual cycle of debt with seemingly no way out is one of the most stressful situations life can throw at you. For anyone looking for a way forward, experts say a consumer proposal can break the chain without the need for a bankruptcy filing. While everyone’s debt tolerance is different, Véronique Lalonde says if someone is failing to get ahead in their month-to-month finances, it’s a sign they need help. “You need to look…
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MoneySense broke the news in on Thursday, May 22, 2025.
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