The objective behind any debt relief program is that you eliminate your debt however each program comes with a cost. Our team of Licensed Insolvency Trustees answers some commonly asked questions about the cost of different debt relief options. 

Read in-depth articles on the cost of filing bankruptcy in Canada, how surplus income works and check back here for updates on the surplus income limits released by the Office of the Superintend of Bankruptcy each year.

A consumer proposal is a negotiated agreement between you and your creditors. In these articles, we explore what consumer proposal cost factors your trustee looks at when determining what to offer in a consumer proposal and what terms you may want to consider. 

We also explore the extra cost of using a debt consultant as an intermediary to file a consumer proposal.