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Dépôt volontaire

Voluntary deposit

This is an agreement with the court where you commit to paying back your debt to your creditors. It’s an alternative to bankruptcy or a consumer proposal. Your advisor will let you know if this is the right solution for you.

When faced with a difficult financial situation, you might want to know what the right solution is for you. In the end, you might want to opt for something other than bankruptcy or a consumer proposal, which you’re entitled to do.

If you want to go forward with a voluntary deposit, you must commit to making a monthly payment to the court. It will be equal to around 30% of your gross salary (before taxes), until 100% of your debt has been repaid.

Like other financial recovery solutions, voluntary deposit will put an end to creditor harassment. You’ll only have to make one payment a month and you won’t have to declare personal bankruptcy.

However, know that if you opt for a voluntary deposit, your credit score will be affected in the same way it would if you declared bankruptcy. In addition to having to repay all your debts, you won’t have a special protection against possible seizures. It’s an option that needs to be considered carefully.


This solution isn’t available in Ontario or New Brunswick. Instead, there’s something similar known as the Debt Management Plan (DMP). It’s a program managed by a non-profit organization that helps you repay 100% of your credit cards and personal loans over 4 to 5 years.

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Don’t ignore a debt problem that’s ruining your life. Let’s work together to help you regain control of your finances.