Consumer Proposal Edmonton
Settle your debt for a fraction of what you owe. Our Edmonton Licensed Insolvency Trustees file consumer proposals that stop collection calls, freeze interest, and let you keep your home, car and RRSPs.
- Reduce debt by up to 80%*
- Keep your home and car
- Government regulated
or call 1-587-701-5681
Free and confidential consultation
* Up to 80% reduction possible.
Regulated by the Office of the Superintendent of Bankruptcy
Updated:
How does a consumer proposal work in Edmonton?
A consumer proposal is a legally binding agreement, filed under Canada’s Bankruptcy and Insolvency Act, in which you repay a portion of your unsecured debt, with the remainder forgiven.
The moment your proposal is filed in Edmonton, your debts are combined into a single, interest-free payment. Interest is frozen, collection calls stop, and wage garnishments are reversed.
You make one fixed monthly payment for up to five years, with no interest or penalty for finishing early.
Only a Licensed Insolvency Trustee can file a consumer proposal.
Moses Advisory Group’s trustees are licensed and regulated by the Office of the Superintendent of Bankruptcy, and we file and administer proposals for clients across Edmonton and northern Alberta.
Get free, impartial debt advice from a Licensed Insolvency Trustee. We’ll call to explain your options.
1-hour callback (working hours)
No obligation.
Consumer proposals are just one of many debt options
Lots of organizations in Alberta offer debt advice. But under federal law, only a Licensed Insolvency Trustee can file a consumer proposal, negotiate it with your creditors, and manage it until completion.
Education is our priority. Your trustee must inform you about all available debt relief options, including credit counselling, debt consolidation, and Alberta’s Orderly Payment of Debts program. If a consumer proposal isn’t right for you, we’ll tell you.
If you choose a consumer proposal, we file it. There are no referrals or handoffs to others, and no extra fees added. The trustee you meet in Edmonton files your proposal, deals with your creditors, and answers your calls for the life of the proposal.
Edmonton
Lots of people file consumer proposals in Edmonton
According to the Office of the Superintendent of Bankruptcy, 1,258 consumer proposals were filed in the Edmonton region in the first quarter of 2026 alone, about 85% of all consumer insolvencies here. Over the past 12 months, more than 5,100 Edmonton-area residents and over 16,000 Albertans chose a consumer proposal to resolve their debt.
In early 2026, consumer insolvencies in Canada reached their highest quarterly level since 2009, largely due to rising housing costs, car loans and grocery prices. In Edmonton, about four out of five residents facing financial challenges choose to file a consumer proposal rather than bankruptcy to protect their assets.
Source: Office of the Superintendent of Bankruptcy – Insolvency Statistics in Canada, Q1 2026 (Edmonton economic region)
No in-person visit required.
Keep your assets
Keep your home, car and RRSPs
Most people worry about losing their home or car, but with a consumer proposal, you can keep all your assets, so the limits below don’t apply. You keep your home, your vehicles, your RRSPs and your investments, whatever their value, as long as you stay current on secured payments like your mortgage or car loan.
In bankruptcy, Alberta law protects a set amount of your property from creditors.
| What’s protected in a bankruptcy | Amount |
|---|---|
| Equity in your principal residence | Up to $40,000 |
| One motor vehicle | Up to $5,000 |
| Household furnishings and appliances | Up to $4,000 |
| Clothing | Up to $4,000 |
| Tools of your trade | Up to $10,000 |
With Edmonton’s home prices, many homeowners are likely to have equity over $40,000. That’s exactly where a consumer proposal beats bankruptcy. You pay creditors more than they’d receive in a bankruptcy, and in exchange, you keep everything. RRSPs and RRIFs are protected under federal law, except for contributions made in the 12 months before you file.
Source: Government of Alberta – Civil Enforcement Regulation (Alta Reg 276/1995), s. 37
See the difference
Before help vs after help
See how much you could save.
Gabriella was paying $720 towards debt each month
Credit Cards
$9,225.20
Payday Loan
$7,231.15
Bank Loan
$5,860.20
CRA Debt
$4,078.52
Total Debt
$26,395.07
Monthly payment before and after
Before help
$720
After help
$160
Estimate your new monthly payment
Quick answers. Fast and free.
Example only. Individual results vary.
All types of debt
A consumer proposal can eliminate lots of debts
Credit Cards
Personal Loans
Payday Loans
Overdue Bills
CRA Debts
Student Loans
Overdrafts
Debt collectors
How it works
How to file a consumer proposal in Edmonton
Check if you qualify
Answer a few quick questions
You’ll get a call back
We explain how it works
Discover your options
We’ll create a plan for your debt
Take the first step toward becoming debt free.
No in-person visit needed.
Meet your Edmonton Licensed Insolvency Trustee
Robert Johnson is a Licensed Insolvency Trustee (LIT) with Moses Advisory Group Inc. He brings over 20 years of experience and has helped thousands of people across Edmonton and Northern Alberta get back on their feet through consumer proposals, bankruptcy, and debt restructuring.
Robert is licensed by the Office of the Superintendent of Bankruptcy and is a member of CAIRP, the Canadian Association of Insolvency and Restructuring Professionals.
“Money worries wear people down. My job is to listen, lay out every option in plain terms, and help you pick the one that protects your home, your income and your peace of mind.”
Robert Johnson, CPA, CA, CIRP, Licensed Insolvency Trustee
Call us on 1-587-701-5681
Do you qualify for a consumer proposal in Edmonton?
You qualify for a consumer proposal if:
- Your unsecured debts total less than $250,000 (your mortgage on your principal residence doesn’t count toward the limit)
- You can’t pay your debts as they come due, or you owe more than you own
- You have enough income to make an affordable monthly payment after essentials
Most unsecured debts qualify: credit cards, lines of credit, payday loans, CRA tax debt, and student loans if you’ve been out of school for seven years.
Reviews
Trusted by Canadians
Real reviews from real clients.
I had a wonderful experience with the Moses Advisory team, especially Janelle. She was kind, supportive, and made the entire process so much easier. I feel at ease and like a huge weight has been lifted off my shoulders.
Soheila Adelian
Nikolas was very kind, helpful and respectful. He explained very clearly and answers all the question politely. He is very professional and you can feel his empathy, sincerity and willing to help. Highly recommended.
Jaime Torres
The Moses Advisory Group team has been excellent. Professional and knowledgeable guidance. Great help in explaining the process and providing the necessary support. Recommend to anyone having financial issues to take advantage of their expertise.
Oluwaseun Fanawopo
Excellent! I was heavily in debt and extremely stressed out, but after the first consultation, they made a very affordable proposal for me. Since that day, my financial situation has improved tremendously! I would highly recommend them to anyone who is suffering from heavy financial difficulties.
Kashaija Stephen
Thanks to Neil from Moses Advisory Group for all your help. I appreciate all your help and understanding through what has been a difficult time. I would highly recommend them.
Candice Knight
Working with this group is great and they helped me greatly. Highly recommend for those with financial problems. Great job guys and thank you so much for all your help.
May Niegos
I’m very glad that this company was able to give us a lifeline during our financial problems. I’m very grateful for all the support especially to Niko who has helped and guided me along the way. I appreciate your support and very kind excellent service. Thank you all and more power to your company!
Jun Abanilla
Excellent service. Professional advice. Anyone who has financial questions and concerns will benefit from visiting their office. What a great experience. Thank you! Thank you!
Isabel Choconta
I’m very happy with Moses. The staff was very helpful, explained things well and are very knowledgable. They always answer the phone when I call or return phone call the same day. I am very thankful for them.
Rory Balchan
More reviews
Location
File your consumer proposal at our Edmonton office
Our Licensed Insolvency Trustees serve Edmonton and surrounding communities, including Sherwood Park, St. Albert, Leduc, Fort Saskatchewan, Spruce Grove, and Stony Plain. You can meet us in person, by phone, or by video, and most clients file their consumer proposal without visiting the office.
Inquiries and appointments:
Address:
9913 108 Ave NW Ste 200, Edmonton, AB T5H 1A5
Hours:
Monday – Friday: 8am – 5pm
Saturday: Closed
Sunday: Closed
By appointment only.
Accessibility:
Wheelchair accessible parking.
We respond to inquiries within 24 hours.
Other options
Other debt relief options in Alberta
A consumer proposal isn’t the only route, and it isn’t always the right one. During consultation, we’ll compare it against:
An Alberta program under Part X of the Bankruptcy and Insolvency Act, administered by Money Mentors on behalf of the province. You repay 100% of your debt at a fixed 5% interest rate over up to five years, through a court consolidation order.
Personal bankruptcy. Faster for some, as little as nine months, but Alberta’s exemption limits apply to your assets, and payments rise with your income. Compare bankruptcy.
Credit counselling. A non-profit credit counsellor can set up a debt management program that rolls your unsecured debts into one monthly payment, often at reduced interest. You still repay your debt in full, it isn’t legally binding on creditors, and it can’t stop a wage garnishment.
Debt consolidation. A single new loan that pays off your existing debts so you owe one lender instead of many. It can lower your interest rate, but you repay everything you owe, and you need good enough credit and income to qualify for a rate worth having.
See all debt relief options.
A Licensed Insolvency Trustee is the only debt professional required by federal law to walk you through all of these, and the only one who can file whichever formal option you choose.
Areas
Consumer proposals across Edmonton and Northern Alberta
Moses Advisory Group’s Licensed Insolvency Trustees proudly serve Edmonton and surrounding communities. Wherever you live, we’re here to help.
- Central Edmonton
- South Edmonton
- North Edmonton
- West Edmonton
- Mill Woods
- Windermere
- Riverbend
- Castle Downs
- Sherwood Park
- St. Albert
- Leduc
- Fort Saskatchewan
- Spruce Grove
- Stony Plain
- Beaumont
- Devon
FAQs
Consumer proposal FAQs for Edmonton
There are no upfront or separate trustee fees. The trustee’s fees are set by the federal government and come out of the single monthly payment your creditors accept, so you never pay more than your agreed consumer proposal amount.
No. A consumer proposal has no equity limit. You keep your home regardless of its value, as long as your mortgage and property taxes stay current. Higher equity may increase what you offer creditors, but the home itself isn’t at risk in a proposal.
Yes. The moment your trustee files a consumer proposal, a stay of proceedings stops wage garnishments, collection calls, and most creditor actions, including most CRA garnishments. This matters in Alberta, where only the first $800 of your monthly net income is fully exempt and creditors can take half of what you earn between $800 and $2,400. Filing stops the garnishment right away.
Probably, if you have steady income and owe less than $250,000, not counting your mortgage. You need enough coming in to cover a monthly payment after your essentials, and your offer has to give creditors more than they’d get if you went bankrupt. Your trustee works out the numbers with you before you file.
Sometimes, yes. A consumer proposal is based on what you can afford to repay, and the rest is forgiven, so the reduction depends on your income, your assets, and what your creditors will accept. Some people reduce their debt by a large amount, others reduce it by less. Your trustee shows you the actual figure before you agree to anything.
With the Orderly Payment of Debts program you repay 100% of your debt plus 5% interest through a court order. With a consumer proposal you typically repay only a portion, interest-free, and the rest is legally forgiven. Only a Licensed Insolvency Trustee can file a proposal. We’ll compare both against your numbers in a free consultation.
More than 5,100 in the Edmonton region over the past 12 months, according to the Office of the Superintendent of Bankruptcy, about 85% of local consumer insolvencies. It’s by far the most common formal debt solution in the city.
It’s removed three years after you complete your proposal, or six years from the date you filed, whichever comes first. You can pay off a proposal early with no penalty, which lets you start rebuilding your credit sooner.
Almost certainly not. Consumer proposals are filed with the Office of the Superintendent of Bankruptcy, and your Edmonton Licensed Insolvency Trustee handles the paperwork and deals with your creditors. Most proposals never involve a court appearance.