Consumer Proposal Scarborough
A consumer proposal can cut your unsecured debt by up to 80%, stop creditor calls the day it’s filed and let you keep your home and car.
Our Licensed Insolvency Trustees help people across Scarborough, from Agincourt and Malvern to Scarborough Town Centre, Guildwood and the Bluffs, with free, confidential consultations.
The sooner you act, the more options you have.
Safe, secure & confidential
How does a consumer proposal work in Scarborough?
A consumer proposal in Scarborough works through a Licensed Insolvency Trustee (LIT), who files a legally binding offer to your creditors to repay part of your unsecured debt. It can cut what you owe by up to 80%, and the federal Bankruptcy and Insolvency Act sets the same rules across Canada.
You make one fixed, interest-free monthly payment for up to five years and keep your home, car and other assets. Once your trustee files, collection calls, interest charges and wage garnishments stop.
Who qualifies for a consumer proposal in Scarborough?
You qualify for a consumer proposal if you owe between $1,000 and $250,000 in unsecured debt and can’t repay it in full but can afford a regular monthly payment.
You also need to:
- Be an individual, not a corporation.
- Live in Canada or own property in Canada.
- Be at least 18 years old.
The $250,000 limit excludes your mortgage. If you don’t qualify, see our other debt relief options in Scarborough, or we will assess your situation for free.
What do clients say about our consumer proposal service?
Clients rate Harris & Partners 4.8 out of 5 from more than 2,200 Google reviews and “Excellent” on Trustpilot, for clear advice and judgment-free support.
Based on OSB data, more than 4 in 5 people in Scarborough chose a consumer proposal over bankruptcy
Among those facing insolvency, it's how most clear debt and keep their home.
Among those facing insolvency, it's how most clear debt and keep their home.
Consumer proposal vs bankruptcy vs debt consolidation: Which is right for you?
A consumer proposal in Scarborough reduces your debt while you keep your assets, bankruptcy clears more debt but may cost you assets, and debt consolidation is a new loan that doesn’t reduce what you owe.
The right choice depends on your income, assets, and total debt, and a trustee will walk you through all three.
| Consumer proposal | Bankruptcy | Debt consolidation | |
|---|---|---|---|
| Reduces debt? | Yes, up to 80% | Yes, most debt cleared | No |
| New loan needed? | No | No | Yes |
| Interest | 0% | 0% | Variable, often high |
| Stops collection calls? | Yes, on filing | Yes, on filing | No |
| Your assets | Keep all assets | May lose some assets | Keep all assets |
| Credit report | R7 until 3 years after completion or 6 years after filing, whichever comes first | R9 for 6–7 years after discharge (first bankruptcy) | Depends on repayment history |
| Government-regulated? | Yes | Yes | No |
How could a consumer proposal help you in Scarborough?
A consumer proposal in Scarborough could cut your debt, stop creditors chasing you, and let you keep your assets, all through one interest-free monthly payment.
- Reduce your debt by up to 80%: Creditors often accept significantly less than the full balance.
- Stop creditors the day you file: Collection calls and wage garnishments must stop, with legal protection under the Bankruptcy and Insolvency Act.
- Keep your home, car and other assets: You don’t surrender property, unlike in bankruptcy.
- One interest-free payment every month: Interest freezes on filing, and your trustee sets the payment around your budget, spread over up to five years.
- Qualify easily, with a high approval rate: There’s no credit check, and 9 in 10 proposals we file are accepted by creditors.
How to file a consumer proposal in Scarborough
A consumer proposal in Scarborough has four main stages, from a free consultation with a Licensed Insolvency Trustee to a Certificate of Full Performance once your payments and counselling are complete.
- 1. Book a free consultation: A trustee reviews your debts, income and assets and explains every option, not just consumer proposals. It takes under an hour, and you have no obligation to commit.
- 2. Draft and file your proposal: If a proposal suits you, we prepare it with a monthly payment you can afford and file it with the Office of the Superintendent of Bankruptcy. Collection calls, interest and wage garnishments stop immediately.
- 3. Creditors vote: Creditors have 45 days to respond. If creditors holding the majority of your debt by value accept, the proposal binds all of them.
- 4. Make your payments and finish the program: You pay your trustee once a month for up to five years and attend two financial counselling sessions. After your last payment, you receive a Certificate of Full Performance and the included debts are cleared.
Why choose Harris & Partners for your consumer proposal in Scarborough?
We’ve helped Canadians get out of debt since 1964, with plain-English advice from people who care about your financial stability. There are no intimidating offices and no legal jargon.
We’re one of Canada’s largest insolvency filers, with more than 100 years of combined trustee experience and long-standing creditor relationships that help get proposals approved.
Scarborough residents who file with us can legally reduce their unsecured debt by up to 80% and repay the rest in affordable instalments.
Why choose Harris & Partners for your consumer proposal in Scarborough?
How much could you save with a consumer proposal?
In this example, a consumer proposal cuts monthly repayments on $38,290 of debt from $1,409 to $210 over 60 months.
Repayments over 60 months
Before help
$1,409
After help
$210
Example only; your payment depends on your income, assets and debts.
Estimate your monthly payment
What types of debt are covered by consumer proposals in Scarborough?
A consumer proposal can include most unsecured debts, combining them into one interest-free monthly payment:
- Credit cards – balances across any number of cards
- Payday loans – ending the borrowing cycle
- Personal loans and lines of credit – from banks or private lenders
- CRA tax debt – income tax arrears, GST/HST you owe personally and CERB overpayments
- Student loans – once seven years have passed since you left school
- Medical bills and utility arrears – including unpaid hydro and gas
Mortgages and car loans are secured debts, so they stay outside the proposal. Filing does stop wage garnishments from your unsecured creditors, which makes it easier to keep up those secured payments.
Where is our nearest office to Scarborough?
Our nearest office to Scarborough is in Pickering, at 1099 Kingston Rd, Suite 224, Pickering, ON L1V 1B5, near Kingston Road and Dixie Road.
Meet your Licensed Insolvency Trustee
Kyle Harris is the Licensed Insolvency Trustee for our Pickering office and Chief Legal Officer at Harris & Partners.
He has been with the firm since 2011, after completing his law degree (LL.B.) in the United Kingdom, and is a Chartered Insolvency and Restructuring Professional (CIRP).
Address
1099 Kingston Rd, Suite 224, Pickering, ON L1V 1B5
How to get there
By car: From Highway 401, exit at Liverpool Road, head north to Kingston Road and turn left. The office is a short drive west, near Dixie Road, with surface parking at the building.
By public transport: Take Durham Region Transit’s Pulse 900 along Kingston Road and get off at Dixie Road, next to the office. Pickering GO Station (Lakeshore East line) is about 1.2 km away, roughly a 20-minute walk.
Office hours
Monday to Friday: 09:00-17:00 (by appointment only)
Scarborough consumer proposal FAQs
These answers cover the questions Scarborough residents ask most about consumer proposals, from tax debt and credit ratings to cost.
Do I have to go to court for a consumer proposal in Scarborough?
You usually don’t have to go to court for a consumer proposal in Scarborough. Your trustee files it with the Office of the Superintendent of Bankruptcy, and once your creditors accept it, the court treats it as approved 15 days later. A court hearing only happens if the official receiver or another interested party asks for a review within that period.
Can I get consumer proposal advice in Scarborough in a language other than English?
You can get consumer proposal advice in Scarborough in Tamil, Mandarin, Cantonese, Tagalog, Hindi, Punjabi, and other languages, as well as English. Ask for your preferred language when you book, and someone who speaks it will take you through your options. The consultation is free and confidential in any language.
How much does a consumer proposal cost in Scarborough?
A consumer proposal in Scarborough has no upfront fee – the trustee’s fees are set by federal rules and come out of your monthly payments. Most people repay a portion of what they owe for up to five years, based on their income, essential living costs, household size and assets. The two required counselling sessions are included.
Can I include CRA tax debt in a consumer proposal in Scarborough?
You can include most CRA tax debt in a consumer proposal in Scarborough, including personal income tax, GST/HST you owe personally, and CPP or EI overpayments. It sits alongside your credit cards and loans, and the CRA votes like any other unsecured creditor. Filing the proposal stops CRA wage garnishments and bank account freezes.
How does a consumer proposal in Scarborough affect my credit score?
A consumer proposal in Scarborough adds an R7 rating to your credit report, which is less damaging than the R9 rating for bankruptcy. Credit bureaus remove the R7 three years after your final payment or six years after filing, whichever comes first. Most people see their score start to recover once they’re making regular payments.