Yes. Certain debts are not eliminated with your discharge from bankruptcy. For example: Fines or penalties imposed by the Court Alimony, maintenance, or support Debts obtained by fraud or misrepresentation In most cases, declaring bankruptcy in Alberta, Nunavut, or Northwest Territories does not prevent a secured creditor such as a bank, credit union, or finance [...]
A consumer proposal offers an alternative to bankruptcy. For example, you may ask your creditors to reduce the amounts owing to them or request more time to pay the amounts due. A consumer proposal must be made to all preferred and unsecured creditors, but it does not affect the rights of secured creditors. The terms [...]
Once you file a consumer proposal, the Administrator will send a notice to all of your creditors affected by the proposal. If 25% of your creditors request a meeting of creditors and/or reject the proposal, a meeting will be held. If the meeting is held, your creditors will vote as to whether to accept your [...]