Recently this site responded that most creditors would prefer a 36 month consumer proposal period rather than 1 year. In my situation, a 21 month 1st time bankrupt with surplus income, bankruptcy is still worth less than a proposal. Can you explain this please. For me, the earlier it ends would be great. Just to [...]
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Alternatives to Bankruptcy Articles - Archive: September 2007
The latest questions on bankruptcy alternatives, with our experts' responses:
Posted on Saturday, September 22, 2007
posted by Questions @ Hi. I have been unemployed for some time and have 2 debts that are in collection with CBCL. One is for student loans and the other is from GMAC. I am considering going back to work now that my 2 children are in school full time. Will my wages be garnished as soon as I [...]
Posted on Friday, September 7, 2007
I have an income which will allow me to repay a back tax debt at a rate of approximately 1000.00 however they did not agree and have now garnished all my retirement income which means I have no choice but consider bankruptcy. What are my options here? I do not wish to lose my house? [...]
Posted on Wednesday, September 5, 2007
