July 17th, 2012 by Questions
is consumers proposal considered as a bankruptcy
Posted from: Ontario
July 17, 2012 at 9:03 pm, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
No a consumer proposal is distinctly different than a bankruptcy. The consumer proposal is considered an alternative to bankruptcy and it provides a better recovery to your creditors than a bankruptcy would.
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