Hi, I\’m currently in a consumer proposal that will probably last another 2-3 years. The CCRA is one of the creditors in the proposal, I owed a substantial amount of back-taxes. If I start contributing to an RRSP right now, will this be perceived negatively by the goverment since they could think I have this [...]
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Consumer Proposals Articles - Archive: June 2007
The latest Consumer Proposal related questions, with our experts' responses:
Posted on Tuesday, June 26, 2007
posted by Questions @ My situation being that I owe CRA $100,000. I am in the process of selling my half of my house which has $56,000 tied up in a mortgage leaving $100,000 equity. I am in a quandry as to what I can do about this as I have had my head in the sand for a [...]
Posted on Tuesday, June 12, 2007
A consumer proposal stays on one\’s credit report for ~3 years after completion of the payments. Bankruptcy appears on one\’s credit report for ~6 years after discharge. If a consumer proposal outcome results in making monthly payments for 5 or more years – the credit report would show the proposal for 8 or more years. [...]
Posted on Wednesday, June 6, 2007
I have pst and gst to pay off from a business that we shut down. Is it possible to include these in a consumer proposal that would have all of our personal credit cards?? also – with a consumer proposal – companies are not offered 100% of the amount owed – is this the case [...]
Posted on Friday, June 1, 2007
