Steps for filing

The Steps to negotiating new terms with a consumer proposal

1. Step 1: Contact Deloitte
2. Step 2: Meet with your local Deloitte bankruptcy trustee or financial counsellor
3. Step 3: Trustee (called an Administrator in this role) provides financial information to the creditors and files a debt management repayment proposal that works for you
4. Step 4: Creditors vote to accept, amend or reject the Consumer Proposal

If 50 percent of your creditors (voting by dollar value) accept the proposal, then it is approved.

Need more info? A Deloitte bankruptcy trustee can advise you of your best option.

Contact Deloitte for a free, no obligation and confidential consultation.