Consumer Proposal
If you live in the (519) area code call 310 John and we can help you sort through your debt issues.
What does it cost to file a proposal?
The fees we are allowed to charge to do a consumer proposal are set by tariff under the Bankruptcy & Insolvency Act. The tariff fees say that we can charge as follows:
- $750 to prepare the proposal, the sworn statement of affairs and related documents, notifying the creditors and negotiating with the creditors;
- $750 upon the proposal being approved by the court or deem approved by the court (this does not mean that a person making a proposal has to go to Court); and
- 20% of what is distributed to the creditors.
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