Under a Consumer Proposal you retain possession of all of your assets – there is no “vesting” of your assets in the Trustee.
Consumer Proposals will commonly offer creditors settlement of debts by way of monthly payments, not by way of surrendering assets. This means that individuals keep all their assets when they file a Consumer Proposal.
Because filing a Consumer Proposal ensures that creditors can no longer pursue you for payment, or continue collection action, a Consumer Proposal can be an effective tool in protecting assets from creditor seizure or attachment.