Consumer Proposals: Answers to Questions

Most Recent ‘Consumer Proposals’ Posts

switching from proposal to bankruptcy

Can you change from Proposal to bankruptcy….been in proposal for 9 months and see no advantage whatsoever of bankruptcy and things are now very very tight. What does this do? Posted from: Ontario

Consumer Proposal and being bondable

I”ve been discharged from consumer proposal, however the credit companies are reporting the amounts they wrote off under my consumer proposal, if I am not responsible for the debt, why are they able to report the amount on my credit report? I’ve also repaired my credit score @ 708, however in job inteviews, I am […]

The size of the payment is really only limited by your ability to pay.

I repayment in a consumer proposal the max appears to be 5 years at $ 500 but since if i getting married today and proposal would not likely happen for a month i would married with children would how would that effect the repayment what i am looking at is can i afford the 5oo […]

I work to pay debt

I have 30,000 of Debt, I work 2 Jobs to pay min. payments. I would like some input on Consumer Proposal. Thanks Posted from: Ontario

trying to make an effert

i am thinking of filling a consumer proposal i can only afford a payment of 200.00 per month i am 35,000 dollars in credur card debt i have a net wirth of 15000 to 17000 dollars in property equiaty is this still aposable Posted from: Ontario

recently acquired debt

I acquired some debt just a couple of months ago. I sincerely believed I would be able to pay it, but even more unexpected expenses have come up since the last loan. Within the next month to two months, I won’t be able to pay everything. Can I apply for a Consumer proposal even though […]

making commissions on top of salary

I have a set salary but i do make commissions which can be okay or something really high. How does that affect my repayment? is it based on salary or salary and commission as that amount is not guaranteed? Posted from: Ontario

i am a cosigner on a car loan

I am currently a cosigner on a car loan, for my husband. Can his car be taken if i file a consumer proposal? Posted from: Ontario

Pension and Consumers Proposal

Can one lose his/her pension if they file a consumers proposal? Posted from: Ontario

lean

i just got a call from a bank that i have line of credit with they said the are putting a lean on house . i have started a consumer proposal just have get house apprasell will the lean stop after that Posted from: Ontario

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