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Consumer Proposals: Answers to Questions

Most Recent ‘Consumer Proposals’ Posts

sponsorship Wife

if i do this proposal will this affect my sponsorship to bring my wife from the philipines plz answer as soon as possiable

Annulled vs Failed

What is the difference between a annullment vs consumer proposal failed? Are these terms interchangeable or do they have separate meanings?

U.S debt

we have appx $20,000 in U.S debt and we have filed a consumer proposal(we live in Canada) we did not include the U.S. creditor…. we were told we really couldn`t. Can the creditor sue us or are we protected by the automatic stay? We have tried to work out a reduced amount, but they will […]

Slightly over 75000

Hello, I need your help, I currently owe 82000 in unsecured and secured debt. This 82000 includes a secured loan on my car. I am not over 75000 on unsecured but when you combine both I am. I am about 64000 in debt with unsecured visas and credit lines. Is there anything I can do […]

Secured Creditor

Good day. I have a secured car loan with 24 month term remaining. Unfortunately, I will be filing for a consumer proposal or bankruptcy in 2008 as my overall debts are becoming unbearable. My car is worth about $6000 but it`s very reliable and I would like to keep it. Would other creditors consider it […]

charges

Hi, can you please tell me how much it will cost me to consult someone about the Debt Management Plan. Does a Consumer Proposal cost me also? Thanks

Savings Accounts

My Consumer Proposal will be filed with the next two weeks. I would like to start 2 savings accounts. One for expenses that will only come up every 2nd month or more, and the other for long term savings. Is there a limit to the amount that I can have in these accounts? At some […]

Car Leasing

I currently have a bank loan for a van. I can afford to pay the monthly loan payments based on a budget that I`ve prepared for myself. However the fuel economy is horrible and I am an on-the-road salesperson. My husband (soon to be ex) wants to take over the van payments. I want to […]

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