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Division 1 proposal

A division 1 proposal is an official procedure governed by the Bankruptcy and Insolvency Act. In the contrast with the consumer proposal, division 1 proposal can be filed by businesses as well as individuals.
There is also no limit to the level of debts.
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Informal proposal to your creditors

 

Consolidation of debts

 

Voluntary deposit service

 

Consumer proposals

 

Division 1, proposal

 

Bankruptcy

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