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If i am thinking about bankruptcy or a consumer proposal and i continue to use my credit cards before seeing a trustee, when i do go to file a proposal or bankruptcy-how does this factor in. Are consumer proposals rejected based on using credit cards before. I m really using my cards to purchase gas, […]
I have a good income but a very high debt load which now i am onlly able to make minimum payments to my credit cards and i find myself every month using what i can and maxing them out again. I often have taken cash advances such as 100 to 300 dollars. i have heard […]
I just want to clarify something… One of my debts was co-signed by my father. Is there any hope of getting this in a consumer proposal or is the bank able to get out of this and collect from my father (even if over 75% of creditors agree with the proposal)? Thanks Posted from: British […]
I have a Consumer Proposal and have been paying it for 33/36 finishes in 3 months $425.00 When filing it was for 335 for 36 months payable for 12,060. I call my trustee to confirm that my file will be finished in 3 months (File was sold to another trustee) I found out the the […]
Can I opt out of a consumer proposal & change to bankruptcy after the proposal has been accepted Posted from: Ontario
Is there any idea of when the $250 000 debt limit for consumer proposals will come into effect. Will the problems with parliament happening right now postpone the date even further into the future? My husband and i currently owe about $160 000 in unsecured debt and I am also wonderering how often is division […]
My ex-wife did a consumer proposal on our joint credit card debt, totallying $8000, together with her personal debt. The total consumer proposal that she did is 17500, paying 350 per month over the period of 5 years. However, because the 2 credit card debt`s were joint, the creditors are asking for me to pay […]
I have a lease for my car and now unable to continue paying full amount. How does a consumer proposal affect my lease? I do not want to loose the car. Posted from: Ontario
What are the fee rates for trustees for managing a Consumer Proposal in Ontario? Posted from: Ontario
Are there `duties` associated with the acceptance of a consumer proposal as there are with filing for bankruptcy ? And what might they be ? Posted from: British Columbia
