Consumer Proposals: Negotiate with Your Creditors and Avoid Bankruptcy

my question is, my ex is filing a consumer proposal and has informed me that the child support will be cut in half, can he do this without discussing this with me first,
Posted from: Ontario

I know that I will receive an inheritance but do not know the amount nor do I no specifically when I will receive it …I am in some financial difficulty with no assets or property…if I file a consumer proposal now with a one payment offer do I need to disclose about the future inheritance.
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I earn about $70000 per year on a single income. I have about $35000 in consumer debt, excluding a mortgage ($208000 - renewal in 2013) and a car lease. If I apply for a consumer proposal for consumer debts, can I still make payments on my mortgage and car lease without fear of losing them? […]

What happens when someone with equity in their home files a consumer proposal? Will they lose the home or have to pay out their equity?
Posted from: Ontario

I have been reading your site and am curious if you would owe no surplus income in bankruptcy, only have a nominal expected tax return and recently returned to work and could afford to pay some money every month under a proposal. Would your creditors just be thankful for anything above what they would get […]

I just started pmt on a consumer proposal. I filed alone thinking that all unsecured debt were in my name. Now 3 vomapnies are after my wife for more than $50,000. Can she filed separately on the same loan that I filed?
Posted from: New Brunswick

I am considering a consumer proposal, with my husband`s help for payment. For I do not have income since July 2009. My husband holds a supplementary card to my Visa since the nineties, he rarely uses it, not used in the past year at least. Will he be pursued by the credit card company for […]

If I have two properties, both with mortgages that I can pay, plus an additional debt that I have trouble paying in full month to month, is the second property that I don`t live on included in the consumer proposal, even though I can make that payment?
Posted from: Ontario

Does a Consumer proposal effect anything else besides your credit, how long are you at an R9 and R7( 3 yrs, 9 yrs) and how and when can we start rebuilding our credit. Also, Post Consumer proposal, Purchasing a home, is that out of the question for years?
Posted from: Ontario

my husband and i are considering a consumer proposal. we have never missed a mortgage payment and our mortgage will be up for renewal march 2013.. we are with a major bak (rbc) is it common for a bank to not renew a mortgage because of a consumer proposal? what are the chances of them […]