Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More
Hello, I have a large outsatnding debt on my credit cards and a line of credit, recently converted into a loan. I also have a car loan, total of 70 000 excluding the car loan. All of my payments are made on time for now. I make monthly payments to Canada Revenue, but I still […]
I have a problem dealing with my debt and I am probably heading to consumer proposal or bancruptcy. When file for consumer proposal, I don’t want to include the 2 car loans as me and my wife need these cars in order to go to work( I would like to continue the payments for the […]
A week after filing for Consumer Proposal my spouse told me we are going for a divorce. I want to annul the proposal. What happens in this case. Whats the best step to take. Posted from: Ontario
I completed a proposal April 2012 however due to medical reasons I am in financial problems again. Is a proposal an option for me or can you suggest another option please. I have $10,000 of unsecured debt. Posted from: Ontario
1. – If the process is handled by a Licensed Insolvency Trustee, do they handle all communications with creditors? I want to avoid the stress of doing it myself. 2. – Are trustee fees the same everywhere? Is there a fee schedule? Posted from: Ontario
My common law partner is considering filing a consumer proposal. In the proposal they want to include my income. How does this affect my credit? Will my assets be considered in this proposal? I’m building my credit right now and don’t want his consumer proposal to affect my credit. Will my financial information get audited […]
can i apply for consumer proposal if i am on EI? Posted from: Ontario
What happens if CRA was not added as a creditor in a proposal. Can they they be added in after the proposal has been accepted? Would this not affect the other creditors and they could reverse their decision since it means they will get less money now? Posted from: Ontario
can parking tickets be included in a proposal? i accumulated a large number of parking tickets while working downtown and can not afford to pay them. my plate has been in denial for a few years now. this is not the reason for the proposal but just wondering if they can be included as they […]
I want to file a consumer proposal as I am swimming in debt. Problem is that I have six months worth of car payment with the bank that is alsomy biggest creditor. A friend as offered to payout the loan and I would then make the same monthly payment to her instead of to the […]
