Consumer Proposals Articles - Archive: June 2009

If you are behind on a mortgage payment could you loss your house in a consumer proposal? Also is cra included in a proposal? Posted from: Ontario

If I file a division 1 proposal can I keep my house. I have equity of about $30,000. Would I have to buy this back? Posted from: Ontario

Would consumer proposal afect sponsorhip application. If person is sponsoring spouse to Canada, is consumer proposal a bad idea? Thank you Posted from: Ontario

Can I change my mind once I`ve filed a consumer proposal? Posted from: Ontario

I have debt totalling 116,00.00. I am having trouble meeting monthly payments. Can I apply for a consumer proposal or do I have to claim bankruptcy. Posted from: Ontario

I have another year left in my consumer proposal. I have a tiny savings and am up to date in proposal payments. Is there any rule while under CP that states I cannot apply for a short term loan? Would that be a violation? Posted from: Prince Edward Island

Due to my divorce I had to take on a consumer proposal in April `05. I was able to pay it off in May `08, 2 years sooner than I was given. My new husband and I want to refinance the mortgage on the house we share to have some badly needed renos done this [...]

My husband and I separated and have a legal separation document. In the document it states that I have rights/title of marital home and responsibility to mortgage. If he now gets a consumer proposal or goes bankrupt can my home be affected? The deed is still in both our names but the document states he [...]

I filed consumerproposal 2 years ago and it annuled, I was paying 180.00 amounth. Judge ordered for the new proposal and now I have the same creditors, but one of them did not accept this time and asked for 33% or $550.00 amounth!!The trustee called me for creditors meeting. I would like to know is [...]

I have just filed for a consumer proposal last week and yesterday unexpectedly was giving two weeks notice from my job. What will happen next? I have some RRsps left but it has dwindle down because I`ve have to use them to live because my employment has not been steady in the past 7 years. [...]