Our objective is to provide you with forward-thinking debt solutions. That means understanding your personal situation, exploring the options and finding the perfect debt resolution for you. Our Licensed Insolvency Trustees are experts at this. One of the most popular alternatives to personal bankruptcy in Canada is a consumer proposal, a legal process administered under the Bankruptcy and Insolvency Act. A consumer proposal gives you the flexibility to negotiate a settlement to pay all or a portion of your unsecured debts over a maximum of five years.