Consumer Proposals Articles - Archive: September 2008

I am in a 3-year consumer proposal and I am in the end of the first year, no problem of paying to my trustee monthly according to the consumer proposal. My question is: if you want to apply to lease a car in car dealership, will they accept my application or just refuse it? Posted [...]

Once a consumer proposal purges from your record, should you see an immediate jump in you FICO score? Posted from: Ontario

I am thinking about filing for bankruptcy, or consumer proposals should I wait 3 months before filing? I am a little scared because I maxed out my credit line and I also used my credit card as well. I just found out from this site that a person can be charged with fraud, is this [...]

After three years consumer proposals purge from the credit bureaus. However I have several questions: Will my credit rating be clear or will I still be working from a deficit? I`ve had a secured credit card for over 2 years, department store credit card for just over a year, and recently had a family member [...]

After 5 years of consumer proposal … and that went well and paid off for 3 years now, one of the creditor is after me.. How could that happen? What did I do wrong? Or I didn`t do what I was suppose to do? I have never received the proof of completion. But did the [...]

Hi, We are a year into a consumer proposal and our mortgage which we have held for 4 years without any problem is up for renewal next June. Will we have to stay with our current bank or will we be able to go to another bank to redo our mortgage? Our credit is bad [...]

Does one get their income tax after a consumer proposal, especially if it has anything to do with government student loans? Posted from: Ontario

How long does a consumer proposal affect one`s credit rating if they have previously went bankrupt Posted from: Ontario

Does a division 1 proposal cost more than a consumer proposal, in regards to the cost associated with paying the bankcruptcy trustee? Posted from: Ontario

Barton, I am planning on filing a consumer proposal with your firm, but I am wondering what the policy is for the first proposal payment. Do I have to pay a payment up front when I meet with you to file the papers? Or do payments start when it is accepted? Posted from: Alberta