Consumer Proposal: Can You File More Than Once in Canada?

Category: Bankruptcy Q&A

Question: Is it possible to submit a consumer proposal a second time?

Answer: Yes, you can file more than one consumer proposal, subject to certain rules.

If you file a consumer proposal, and complete it and are discharged, and then in the future you incur new debts, you can file a second consumer proposal on those new debts.

However, if you file a consumer proposal and it fails, perhaps because you didn’t make the payments, you can’t file another proposal on the same debts unless you have court approval.

The rules are actually more complex than that, so you should talk to a Local Bankruptcy Canada Bankruptcy Trustee for more details.

Category: Bankruptcy Q&A |

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