A Consumer Proposal formally settles almost all unsecured debt, such as credit cards, department store cards, unsecured lines of credit, bank overdraft fees, tax debt (CRA), student loan debt (but only if you have been out of school for at least seven years) and other unsecured debts such as payday loans and personal debts to individuals. Your Consumer Proposal must list all your unsecured creditors. Debts that are not part of your consumer proposal include: mortgages and automobile loans. In addition, child support payments, spousal support payments, court-ordered fines, government overpayments, student loans (that are less than seven years old) and some other debts cannot be included in a Consumer Proposal either. Your Licensed Insolvency Trustee or Proposal Administrator will review and provide you with this information before your documents are filed.