I put forth a division 1 proposal with my trustee to 5 different creditors. Only 1 voted, and accepted the proposal. The others, including a bank to which the vast amount of my debt was owed, didn`t event send in a vote (yet alone attend my creditor`s meeting today). Is this normal? Why wouldn`t they [...]
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Consumer Proposals Articles - Archive: February 2008
The latest Consumer Proposal related questions, with our experts' responses:
Posted on Friday, February 29, 2008
posted by Questions @ I have `Indebtedness To The Bank Of Montreal` some $30 000. Can I propose a deal were I pay 60 cents on the dollar?
Posted on Friday, February 15, 2008
How important is it that you physically speak to your trustee at the beginning of a consumer proposal? Also, what if they mislead you with improper information? For example… I only spoke and dealt with my administrator and she did not stress that my spouse would also be responsible for a joint debt, so I [...]
Posted on Monday, February 4, 2008
I have some student loans that defaulted and went to collections can these be managed by consumer proposal? Thanks.
Posted on Sunday, February 3, 2008
