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I am about 8 months into a 5 year consumer proposal payment plan. If I choose to pay a little more a month how much sooner can I get my CP loan paid off? I wonder if you could tell me how to calculate if I paid 50 or 100 dollars more a month? Posted […]
When does the trustee send money to the creditors? I’ve been paying $300 for the past sixteen months. When I asked where the funds were disbursed, I was informed there was none. That $1900 was taken by the trustee for administration costs and remaining $2900 was held in trust. They provided no proof. Is it […]
My mortgage renewal is due on dec 31, but im thinking to do consumer proposal this month. Should I shop for lower rate before applying for consumer proposal or i can still shop after. Thank you. Posted from: Ontario
My wife doesn’t want to cooperate in disclosing her income so I can go to a trustee to discuss a cp. Can I still file without her? How will that impact the amount I will have to offer? Posted from: Ontario
How hard is it do deal with CIBC in a cp, since half my debt is with them. Posted from: Ontario
I recently had my consumer proposal accepted ..but yesterday got home to find a previously forgotton creditor bill in the mail….The amount owing is 1000.00 dollars and definitely would have been included….It has been 2 weeks since it was accepted….. Posted from: Ontario
Currently well over 65% of my monthly take home pay goes to my mtg, vehicle loan, personal loan, credit cards & utilities. This greatly impedes my ability to buy groceries & gas & everyday living costs. Is there a maximum repayment amount per month to make pmts affordable? (And how is it decided how much […]
Hello, I am considering filing a CP but really worried because about 80% of my debt is with scotia and I also have a balance of about $2000 left on my car loan with them. Do you think it would affect me negatively if i take the money from my RRSP and pay off the […]
my question is my spouse and I have decided to file for a consumer proposal, but they have to be seperate has the credit card debit is not joint, combined it is 56000, but I don’t understand how the payment’s are going to work I was told it would have to be two seperate payment’s. […]
My husband a I paid off two of our creditor’s off, and then 2 week’s later decided we couldn’t handle the debt load anymore, we have a app in a week with a trustee, is this going to be a problem ? Posted from: Ontario
