Hello, If we have approx. 45000 in credit line debt. What are the chances of qualifying for a consumer proposal? Thanks Posted from: British Columbia
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Consumer Proposals Articles - Archive: September 2011
The latest Consumer Proposal related questions, with our experts' responses:
Posted on Friday, September 30, 2011
posted by Questions @ Will a consumer proposal affect an individual’s ability to keep a life insurance license and a mutual fund license? Posted from: Manitoba
Posted on Thursday, September 29, 2011
My wife has been unable to work for the last couple years due to prolonged illness. This has seriously strained the demands on my income supporting a household of 5. I’ve begun weighing our options, and one consideration has been a scenario with her filing a CP, as there are some debts thay are being [...]
Posted on Wednesday, September 28, 2011
I have a rental property that is worth only about $8000 but it helps out as an income. Will lose it in a consumer proposal? Posted from: Newfoundland and Labrador
Posted on Tuesday, September 27, 2011
We are filing a consumer proposal and the trustee has requested when we come in to sign, we bring the first payment in cash with two other cheques for the next two months. Does this seem right? Posted from: Ontario
Posted on Monday, September 26, 2011
i just filed a consumer proposal and was wondering if i could use the line of credit i was given when i opened new bank account at new bank Posted from: Ontario
Posted on Monday, September 26, 2011
What assets are exempt when a Consumer Proposal is filed in Ontario? I have read that retirement pensions such as RSP’s are exempt… but are RIF’s and LIF’s exempt as well? Posted from: Ontario
Posted on Friday, September 23, 2011
I own a boat and a trailer that are paid for in full but have gotten behind on bills and am thinking of filing a consumer proposal, what will happen to these assets. Posted from: Ontario
Posted on Monday, September 19, 2011
How does preferential treatment work with a proposal? can I pay my bills without it being considered preferential treatment? can I pay off small loans? Posted from: Ontario
Posted on Monday, September 19, 2011
My wife had a consumer proposal. She could not continue paying it. Her consumer proposal was cancelled. The big problem is that the trustee originally marked her monthly income way too high when obviously she did not have any income. What can be done in this situation because she does not want the creditors to [...]
Posted on Friday, September 16, 2011
