Update to the Debt Solutions Portal

February 3, 2023

As part of the Office of the Superintendent of Bankruptcy’s (OSB) ongoing efforts to help Canadians find the right solution to take control of their finances, we have added a comparative table of debt solutions to our online Debt Solutions Portal.  

Developed in collaboration with the Canadian Association of Insolvency and Restructuring Professionals, this new tool provides consumers with a side-by-side comparison of three possible debt solutions: a debt management plan, a consumer proposal and bankruptcy. The tool provides answers to some frequently asked questions and key information for consumers to consider when searching for the debt solution that works best for their needs.