Category: Consumer Proposal

What Happens if I Default on a Consumer Proposal After Filing?

  • July 25, 2025

A Consumer Proposal is one of the most effective solutions for those struggling with overwhelming debt. Once you complete your final payments, you can finally put your debt behind you. However, life doesn’t always go as planned, and sometimes circu

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Credit Counselling vs. Consumer Proposal: Debt Relief Options & Alternatives Explained

  • February 18, 2025

Are you struggling with debt and unsure of what to do? With the many available debt solutions, choosing the right one isn’t always easy. Should you opt for credit counselling, or file a Consumer Proposal? The answer depends, as everyone\'s situa

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A Guide to Consumer Proposals and Debt Relief

  • July 3, 2024

The Problem You are getting behind on your bills. Credit card debt is building up with interest, and in this era of inflation, likely new charges as well. You are uncomfortable with this growing debt and starting to be concerned that you might not b

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How a Consumer Proposal or Bankruptcy Can Help Prevent Eviction

  • September 27, 2023

Renters in Winnipeg and across Manitoba have faced significant financial strain in recent years. Between June 2022 and June 2023, the average rent for a one-bedroom unit in Winnipeg rose by 8.3%. This surge in housing costs has coincided with high in

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Can I File for Bankruptcy or a Consumer Proposal if I am on a Disability Income?

  • April 7, 2023

At LCTaylor Licensed Insolvency Trustees, we frequently hear from individuals whose lives have been impacted by illness, injury, or disability. The reality is that debt and disability often go hand in hand. Health challenges can limit your ability

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