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Consumer Proposals: Answers to Questions

Most Recent ‘Consumer Proposals’ Posts

Mortgage renewals

If I file a consumer proposal, what happens when my mortgage comes up for renewal? Posted from: Alberta

Job Prospects

If we were to file a consumer proposal does it affect job prospects, husband is a ca and worries employers will view him as a loser. Your comments please. Posted from: Ontario

letter of opinion

We couldn’t file our proposal b/c letter of opinion gave a high price on our house and was told that this will not be acceptable by creditors as they will ask us to do a re-financing. Is it true? Posted from: Ontario

mr me

if the debt is only in my name why do you add my income and my spouses income to calculate total income Posted from: Ontario

67 K

I owe 67 K. in total. If 26k of that is owed to TD and 19K to RBC what are my chances of a consumer proposal being accepted, and would it still only be 30% ? Posted from: Ontario

susan

Can the creditors access your bank account to look at your information on how you spend your money, income deposits etc when you have filed a CP and they are reviewing whether to accept it or not? Posted from: British Columbia

colection agency

CAN COLLECTION agency take money out of you’re account after a proposal is file. Posted from: Ontario

failed consumer proposal

what is a Division I Proposal? my proposal failed due to being dismissed from employment without severance and unable to collect unemployment insurance. Posted from: Ontario

susan

Can you please help me with the two questions below: 1. If my consumer proposal is rejected, will I need to pay the full amount owed or can I keep making the same monthly payments I am making now 2. Does the interest on the credit cards stop accruing the day I file or after […]

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