​How Much Will a Consumer Proposal Cost?

Although a Consumer Proposal offers a positive alternative to bankruptcy, you are expected to repay at least a portion of your debt. As part of your Life-Changing Debt Solution, your MNP Licensed Insolvency Trustee will help you make an offer to your creditors, using affordable monthly payments on a timeline that works for you. Our fees are paid from the amount you’ve agreed to pay your creditors. There is no additional fee payable to MNP Ltd.

To have your Consumer Proposal accepted, it needs to be a better outcome for your creditors than if you were to file a bankruptcy. How much of your debt you’ll repay will depend in part on your income level and what assets you own.


Our team of Licensed Insolvency Trustees will help you explore the debt relief options available to you and together we will find the solution that best fits your situation. Set up your FREE, no obligation consultation today.

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