First i would like to say i have found the questions and responses on this site to be extremely helpful. I also found it quite helpful when people shared their details so that I had some idea how certain banks react and vote

My proposal is this Im paying back roughly 39.25% of what i owe over 5 years. My debt was $76400 My T4 income is $58000. I offered my creditors between 3-4 times more than what they would of received in bankruptcy. I am paying roughly double what i would of if i had I declared bankruptcy but i really had no interest in  putting my life on hold for 21 months 

My debt was broken down as follows
BMO 24%
CIBC 42%
Royal Bank 21%
Chase 5%
HSBC 8%

CIBC ,BMO,HSBC all voted yes. Chase did not vote and of course Royal Bank Voted no. I should of filed a proposal long ago but tried everthing possible first.   
 
I hope someone finds this helpful when considering their own situation

So what happens when they vote no? Back to negotiations?

Ha, great Wendy. Cibc holds 60% of my debt and my proposal is a 1/4 of what I owe them. Hmmm hoping for the best!

 In your case with CIBC holding 60% of the debt they ultimately control the vote. In my situation my trustee was very confident that BMO,HSBC, and Chase would be Yes votes and Royal Bank a No. I was advised that CIBC was the wild card and that they have become much more difficult to deal with regards to proposals, not like Royal Bank were they deny deals that are overthetop good for them in terms of recovery ,but you have to make it worth there while. Had i not had both Royal Bank and CIBC in my proposal they would of offered 4% less

  Good luck with your proposal

  i think its natural to worry . I worried my entire 45 days even though i knew from reading on here that most of these Proposals work out.  I also knew that i was in a position to offer more money if it came to it to avoid bankruptcy. Even if you have a no vote after 45 days you have 21 days to try to negotiate a deal