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if i owed 50,000 and submitted a proposal (for personal debts) in hopes for 50% to be paid to creditors, and I do not show a stable source of income (personal income) and the business does. Could the business pay 500.00 per month for the proposal? (for example) Posted from: Ontario
my wife and I (common law). The only source of income in my business of 10 years. How would a stable source of income be calculated from this. We were interested in doing a consumer proposal for the personal side of bills (not business) Posted from: Ontario
My husband and I did a consumer proposal in 2001-2 when we found out my husband had an inoperatable brain tumor and had to go on permanent disability. We completed our payments in 2005 (never missed a payment) and now are waiting the additional three more years so our credit will be restored on Equinfax […]
I had a credit line together with my wife wich was paid off back in December 2007. After that it was closed. I opened a new line of credit (new account) under my name January 2008. I have a credit card that I am the primary card holder and my wife was teh secondary card […]
Hello, I was hoping to file a consumer proposal in the new year but may have to file sooner, rather than later. Last month, I used my credit card for a trip. Will this transaction be questioned through a consumer proposal and would it affect my applicatoin? I`ve read on here that bank transactions are […]
Hi, I would like ask a question that if someone has filled for consumer proposal, and want to rent an apartment , Is his credit report will effect his rental application ?
What is your policy for consumer proposal payments? Do you require the first payment upon filing the papers, or do payments start when the propsal has been accepted? Posted from: Alberta
concerning the upcoming new bankruptcy law, I was wondering if you think there is a chance the govt will change the length of time credit is affected on a proposal compared to a bankruptcy. I have seen online where trustees have attended hearings and explained why this should be changed to encourage proposals over a […]
I am wondering what to do about an unregistered car lien. I have a loan through the bank, but they did not register a lien that I can find. I am worried what will happen if I file for a proposal. If the loan is considered unsecured then it will have to be included when […]
Hi – looking for some advice… …What do you suggest would be our best option? Posted from: Ontario
