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How Many Times Can You Do A Consumer Proposal

Ever felt like you’re stuck in a financial maze with no exit in sight? Debt can weigh you down, making every day feel like an uphill battle. But what if there’s a way to reset and start fresh? How many times can you do a consumer proposal? The straightforward answer is that you can file […]

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Liens can significantly impact property ownership in Canada, often catching homeowners off guard. Understanding liens—what they are, the types that exist, and who can place them on your property—is crucial for any homeowner. This article unpacks the complexities of liens, explores potential lien holders, and discusses the consequences they can have on property sales. It […]

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cost of consumer proposal

i am going to do a consumer proposal the trustee says it costs 1,500 and then 20 percent of what I owe and this cost is compiled in the monthly payemnt…Is this the usual cost? anyone know a good trustee in Vancouver?

Posted from: British Columbia

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One Response to “cost of consumer proposal”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

The information you have been given is correct, the cost to file a consumer proposal is set by the legislation and includes two one time draws of $750.00 and then 20% of what is distributed to creditors. If you are in the Vancouver area I would recommend Sands & Associates.