What happens if creditors reject a consumer proposal?
What will happen if my creditors refuse my consumer proposal? Posted from: Quebec
Consumer Proposals: Answers to Questions
Most Recent ‘Consumer Proposals’ Posts
house money
My girlfriend is going to be submitting for consumer proposal as the collection agencies keep calling. My question is how is the math worked out. I know my income is used to determine payment as well but why is my overtime factored into the math when it is not a guarantee source of extra income. […]
CRA Owing Afetr filing
Hello – Two years ago I filed a 5 year consumer proposal. The CRA was owed a small amount at that time and was included. Since then I owe on two tax returns. They haven’t called yet and I’m wondering if I’m still protected? Posted from: Ontario
mark
None of my unsecured debt is joint with my spouse. Do I have to provide her financial details to do a consumer proposal? Posted from: British Columbia
unsure
i am in process of fileing consumer proposal with 60,000 out of the 79000 owed to royal bank i have been asked to bring 100,00 to meeting when i sign papers .is this normal to charge this fee? Posted from: Ontario
CP fees
Hi I have conusluted with a Licensed Insolvency Trustee about doing a CP and we have determined my monthly payment to be $200. He has asked me to open a new checking account at a bank that I do not have a credit card with. He has also asked me to bring $300 cash and […]
consumer proposal for business
I own a business in Ontario and have about 90K in unsecured debt. I am a sole proprieter. Can I file a consumer proposal? Posted from: Ontario
rrsp?
I would like to know what would happen to my rrsp if i decided to go for consumer proposal? Do i need to continue paying for it? Posted from: Ontario
success rate
I am considering doing a consumer proposal, but have only 3 creditors, one of them CRA. Would love to know the success rate Posted from: Nova Scotia
Getting credit after consumer proposal
Hi, this forum has helped alot but i have a question for it. my proposal was accepted by my creditors a few days ago with my payments being 42 months and i plan to pay back sooner, but with summer coming up it would be nice to go across the border or online shop and […]