
There are two types of proposals that can be filed under the Bankruptcy and Insolvency Act, a consumer proposal and a division 1 proposal. Find out what the difference is.

There are two types of proposals that can be filed under the Bankruptcy and Insolvency Act, a consumer proposal and a division 1 proposal. Find out what the difference is.
For some reason, November is one of the busiest months for people filing for personal bankruptcy.
If you file personal bankruptcy any equity that you have in your home becomes property of your bankrupt estate. When you make a consumer proposal your home and related equity is unaffected.