Cant retire
I am 71 collecting ccp and old age pensions but still have to work to pay minium payments on credit card payments of 40,000 , is a consumer proposal best thing to do? Posted from: British Columbia
Consumer Proposals: Answers to Questions
Most Recent ‘Consumer Proposals’ Posts
Ms. L. Lulko
how long does it take for your credit to clear after a proposal is paid off? Posted from: Ontario
Cost of Consumer Proposal
What will it cost me to do a consumer proposal? Do all companies charge different fees? Is it a percentage of what I know? Posted from: Ontario
mortgage renewal and same bank doing a CP with
What is the likelihood our mortgage would be renewed with a bank which is one of the banks largely affected by us doing a CP? Posted from: Ontario
budget
Just a quick question re budget. Can creditors tell you to modify your budget and offer more if you want to file for proposal. Like drink less beer, eat less – do not buy clothes fron certain stores etc Do they want proofs how budget is calculated? Thanks for your help Posted from: Ontario
Consumer proposal
One of the reason we are thinking about filing for proposal and not bankruptcy is to not loose RESP- But this will likely cause us to pay a lot more as it will count in the calcualtions. And we are certain that if one of us loose job we will not be able to afford […]
Cp
I used my credit card money to buy stocks. Due to recent stock market crash i lost almost everything and i am unable to pay them back. Is bankcruptcy or consumer proposal my last option? Posted from: Ontario
bad credit
we are both working me and my husband and we got a lot of debt just by living a way beyond our means and using credits for everything and realised now that we are in deep trouble- We want to file for proposal- How will creditors view this- Will they see it as fraud? It […]
Difference between bankcruptcy and consumer proposal
what is the big difference between consumer proposal and bankruptcy. Would i be able to get osap if i do consumer proposal? would i be able to sponsor my wife if i do consumer proposal ? Posted from: Ontario
Salu
i am considering filing consumer proposal. I have 30,000 in debt and I have gone over my credit limit on two of my credit card about 10,000.My total debt is 40,000 now including over limit amount . Will this over limit amount 10,000 be added to my proposal or i will face legal restriction? Posted […]