Debt Exit Maphttp://localhost:4173/Consumer proposal vs bankruptcy in Canada for 2026: eligibility, the $250,000 limit, surplus income, trustee fees, exempt property, credit reports and Quebec rules.en-CA Bankruptcy discharge in Canada: 9, 21, 24 or 36 months and what can delay ithttp://localhost:4173/options-costs-rules/bankruptcy-discharge-9-21-months/http://localhost:4173/options-costs-rules/bankruptcy-discharge-9-21-months/Tue, 27 Oct 2026 00:00:00 GMTWhen a personal bankruptcy ends in Canada under BIA s. 168.1, how surplus income and a second bankruptcy extend it, and what happens if a creditor or the trustee opposes discharge. Missed consumer proposal payments: deemed annulment, revival and what to dohttp://localhost:4173/pitfalls-official-sources/consumer-proposal-default-annulment/http://localhost:4173/pitfalls-official-sources/consumer-proposal-default-annulment/Tue, 27 Oct 2026 00:00:00 GMTWhat happens in Canada when you miss consumer proposal payments, the three-payment annulment rule in BIA s. 66.31, amendments, revival and the consequences of a failed proposal. How much should a consumer proposal offer? Sizing the payment step by stephttp://localhost:4173/calculations-checklists/consumer-proposal-offer-calculation/http://localhost:4173/calculations-checklists/consumer-proposal-offer-calculation/Tue, 27 Oct 2026 00:00:00 GMTHow a Licensed Insolvency Trustee sizes a consumer proposal offer in Canada: the bankruptcy benchmark, fees, the OSB levy, affordability and lump-sum offers, with worked numbers. Consumer proposal rules in Canada: the $250,000 limit, the 45-day vote and the 5-year maximumhttp://localhost:4173/options-costs-rules/consumer-proposal-rules-250000-limit/http://localhost:4173/options-costs-rules/consumer-proposal-rules-250000-limit/Tue, 27 Oct 2026 00:00:00 GMTWho can make a consumer proposal under the BIA in 2026, how the $250,000 limit is counted, the step-by-step timeline, creditor voting and the proposed $325,000 change. Consumer proposal vs bankruptcy in Canada: how to choose in 2026http://localhost:4173/options-costs-rules/consumer-proposal-vs-bankruptcy-canada/http://localhost:4173/options-costs-rules/consumer-proposal-vs-bankruptcy-canada/Tue, 27 Oct 2026 00:00:00 GMTHow a consumer proposal and personal bankruptcy compare in Canada in 2026 on eligibility, cost, assets, income, duration and credit impact, with the alternatives. How long does a consumer proposal or bankruptcy stay on your credit report in Canada?http://localhost:4173/pitfalls-official-sources/credit-report-after-proposal-bankruptcy/http://localhost:4173/pitfalls-official-sources/credit-report-after-proposal-bankruptcy/Tue, 27 Oct 2026 00:00:00 GMTEquifax and TransUnion retention periods for consumer proposals, bankruptcies and debt management plans by province according to the FCAC, with worked timelines and rebuilding steps. Debt management plan vs consumer proposal in Canada: cost, credit and legal protection comparedhttp://localhost:4173/calculations-checklists/debt-management-plan-vs-consumer-proposal/http://localhost:4173/calculations-checklists/debt-management-plan-vs-consumer-proposal/Tue, 27 Oct 2026 00:00:00 GMTHow a non-profit credit counselling debt management plan compares with a consumer proposal in Canada, with a worked $30,000 example, credit report effects and who each suits. Debt relief mistakes Canadians make, and the official sources to check firsthttp://localhost:4173/pitfalls-official-sources/debt-relief-mistakes-official-sources/http://localhost:4173/pitfalls-official-sources/debt-relief-mistakes-official-sources/Tue, 27 Oct 2026 00:00:00 GMTCommon mistakes with consumer proposals, bankruptcy and debt help in Canada, illustrative failure cases, and the federal and provincial official sources to verify rules. Debt relief in Canada worked out: one household, four options, the arithmetic shownhttp://localhost:4173/calculations-checklists/debt-relief-worked-examples/http://localhost:4173/calculations-checklists/debt-relief-worked-examples/Tue, 27 Oct 2026 00:00:00 GMTAn illustrative Ontario borrower with $42,000 of unsecured debt compared across repaying, a debt management plan, a consumer proposal and bankruptcy, using 2026 rules. Debts that survive bankruptcy in Canada, and the student loan 7-year rulehttp://localhost:4173/options-costs-rules/debts-not-discharged-student-loans-7-year-rule/http://localhost:4173/options-costs-rules/debts-not-discharged-student-loans-7-year-rule/Tue, 27 Oct 2026 00:00:00 GMTWhich debts a Canadian bankruptcy or consumer proposal does not release under BIA s. 178, how the student loan 7-year rule and 5-year hardship relief work, and secured debts. What can you keep in a Canadian bankruptcy? Exempt property by provincehttp://localhost:4173/options-costs-rules/exempt-property-by-province/http://localhost:4173/options-costs-rules/exempt-property-by-province/Tue, 27 Oct 2026 00:00:00 GMTHow exempt property works in a Canadian bankruptcy, the BIA RRSP rule, Ontario's 2026 exemption amounts and how other provinces and Quebec differ. First meeting with a Licensed Insolvency Trustee: what to bring and what to askhttp://localhost:4173/calculations-checklists/first-meeting-licensed-insolvency-trustee-checklist/http://localhost:4173/calculations-checklists/first-meeting-licensed-insolvency-trustee-checklist/Tue, 27 Oct 2026 00:00:00 GMTHow to prepare for a first consultation with a Licensed Insolvency Trustee in Canada, how to verify the trustee, documents to bring, questions to ask and what happens next. Keeping your home and car: equity in a consumer proposal vs bankruptcyhttp://localhost:4173/calculations-checklists/home-equity-car-in-proposal-or-bankruptcy/http://localhost:4173/calculations-checklists/home-equity-car-in-proposal-or-bankruptcy/Tue, 27 Oct 2026 00:00:00 GMTWhat happens to your house, home equity, mortgage, car loan and leased vehicle in a Canadian consumer proposal or bankruptcy, with a worked equity calculation. Mandatory counselling and your duties in a Canadian bankruptcy or consumer proposalhttp://localhost:4173/calculations-checklists/mandatory-counselling-sessions-duties/http://localhost:4173/calculations-checklists/mandatory-counselling-sessions-duties/Tue, 27 Oct 2026 00:00:00 GMTThe two insolvency counselling sessions required in Canada, what they cover and cost, plus the duties of a bankrupt and of a consumer debtor, month by month. Orderly Payment of Debts: the court consolidation program in Alberta, Nova Scotia, Saskatchewan and PEIhttp://localhost:4173/pitfalls-official-sources/orderly-payment-of-debts-provinces/http://localhost:4173/pitfalls-official-sources/orderly-payment-of-debts-provinces/Tue, 27 Oct 2026 00:00:00 GMTHow Orderly Payment of Debts under Part X of the Bankruptcy and Insolvency Act works, which provinces offer it, which debts qualify and how it compares with a DMP or consumer proposal. Debt relief in Quebec: voluntary deposit (dépôt volontaire), proposals and bankruptcyhttp://localhost:4173/pitfalls-official-sources/quebec-voluntary-deposit-and-insolvency/http://localhost:4173/pitfalls-official-sources/quebec-voluntary-deposit-and-insolvency/Tue, 27 Oct 2026 00:00:00 GMTHow Quebec's voluntary deposit works under the Code of Civil Procedure, how it compares with a consumer proposal or bankruptcy, and other Quebec specifics for debt relief. Stay of proceedings: how a consumer proposal or bankruptcy stops collections and wage garnishmenthttp://localhost:4173/pitfalls-official-sources/stay-of-proceedings-collections-garnishment/http://localhost:4173/pitfalls-official-sources/stay-of-proceedings-collections-garnishment/Tue, 27 Oct 2026 00:00:00 GMTWhat the BIA stay of proceedings stops in Canada after a consumer proposal or bankruptcy is filed, what it does not stop, Ontario garnishment limits and what to do if collection continues. Surplus income in a Canadian bankruptcy: the 2026 standards and the 50% rulehttp://localhost:4173/options-costs-rules/surplus-income-2026-standards/http://localhost:4173/options-costs-rules/surplus-income-2026-standards/Tue, 27 Oct 2026 00:00:00 GMTHow surplus income works in a Canadian bankruptcy under OSB Directive 11R2-2026, the 2026 Superintendent's standards, the $200 threshold and how it extends the bankruptcy. How to calculate bankruptcy surplus income: a step-by-step 2026 examplehttp://localhost:4173/calculations-checklists/surplus-income-calculation-example/http://localhost:4173/calculations-checklists/surplus-income-calculation-example/Tue, 27 Oct 2026 00:00:00 GMTA worked surplus income calculation for a Canadian bankruptcy using 2026 OSB standards, with irregular self-employed income, a partner's earnings and support payments. How much does a consumer proposal or bankruptcy cost in Canada? Trustee fees and the OSB levyhttp://localhost:4173/options-costs-rules/trustee-fees-osb-levy-costs/http://localhost:4173/options-costs-rules/trustee-fees-osb-levy-costs/Tue, 27 Oct 2026 00:00:00 GMTThe trustee fee tariff in the BIA General Rules for consumer proposals and summary bankruptcies, the 5% OSB levy, filing and counselling fees, and the changes proposed in 2025. Unlicensed debt consultants in Canada: warning signs, provincial rules and safer optionshttp://localhost:4173/pitfalls-official-sources/unlicensed-debt-consultants-warning/http://localhost:4173/pitfalls-official-sources/unlicensed-debt-consultants-warning/Tue, 27 Oct 2026 00:00:00 GMTHow for-profit debt consultants and settlement firms operate in Canada, what the OSB warns about, Ontario and Alberta licensing rules, and how to get debt help without paying a middleman.