Consumer Proposal same as Bankruptcy
August 23rd, 2005 by Questions
About 3 years ago I went with a company that consolidated all my personal charge card debts totaling close to 50,000.00. I have been making payments of 1025.00 a month and was told that I would be paid off after 5 years. I have been told that my credit rating shows up as me having claimed bankruptcy but I really haven\’t. I am making all the payments on time. Would I have been better off claiming bankruptcy as I now live paycheque to paycheque and am finding it very difficult?