credit card in consumer proposal
I was told that if I had no balance on one of my credit cards I could keep it when I went into a consumer proposal.Is this true. Posted from: Alberta
Consumer Proposals: Answers to Questions
Most Recent ‘Consumer Proposals’ Posts
Having money in a saving account when filing a consumer proposa
One of my friends is considering to do a consumer proposal and has $5,000 saving in a bank but he does not have any credit cards or loans with that bank. His debt is around $30,000 I believe. Will he be forced to give up his saving account money after he files the proposal? Posted […]
Consumer Proposal- Will I be punished for making larger payments?
Hello. I am wondering if my financial situation changes and I am involved in a Consumer Proposal, if it is accepted to pay more than the required amount montly. For example, I may only be required to pay 150 monthly, but I get a new job or a raise and can afford to make payments […]
Consumer Proposal & Home Re-Mortgage
I plan on filing a consumer proposal. I also have to re-mortgage the house. In the future will this effect my credit rating? Posted from: Quebec
Credit at RBC
2 years are past since I paid my consumer proposal and RBC has told me, more than once, that my credit shall NEVER be good at RBC unless I pay the 7K remaining from the original amount owed. Is that lawful? Posted from: Quebec
Proposal Default
I have been paying into my proposal for 2 years and have been notified by my trustee that the amout of direct withdrawl is incorrect. Instead of the $285 they have been taking it should be $450. She now informs me that we are in default and unless we come up with the difference before […]
credit
During a consumer proposal does or can your trustee that is looking after your creditors can they do a credit check from time to time? Posted from: Ontario
What if you can’t remember all your creditors?
What if you can’t remember all your creditors that you owe or it has gone to collections and you don’t know which one? Is there a way of finding out who you all owe? Posted from: Ontario
Foreclosure
Our mortgage is greater than the value of the property. We also have unsecured debt and will be filing a consumer proposal. Question: Is the remaining debt on the property after a foreclosure treated any different than the remaining debt after a sale? Is the remaining debt still eligible to be a part of a […]
Consumer Proposal & Incorporating a Company
Although I am not able to incorporate a company while going through consumer proposal, can I become an officer of an incorporated company? Posted from: Ontario