Garnishing wasges
i am wondering if i could do a consumer proposal with just one creditor, i can’t afford my truck payment anymore and the said they are going to garnish my wages? Posted from: Alberta
Consumer Proposals: Answers to Questions
Most Recent ‘Consumer Proposals’ Posts
US Credit Recovery Agency Harrasing me.
I filed a CP in May 2010. It was accepted and I have been making my payments as per the CP requirements. My CP included an American Credit card that I owed $450.00. I am now receiving calls from a US Collection Agency regarding this credit card debt. I’ve How can I stop these calls? […]
Obtain a house vias will
If you are using your credit cards to live day to day and you file a credit proposal and say 2 years later your parent passes away and leaves you the house where does that leave you Posted from: Ontario
Credit payments during Proposal.
Hello, I am thinking about doing a Proposal and i would like to know, during the process of the proposal, ie: time between submission of proposal by trustee and acceptance by creditors, is one still obligated to make payments towards one’s debts? Also, is there any time frame/penalties involved with getting rid of assests before […]
student loans in a consumer proposal
The trustee I spoke to said that my student loan would be included in my proposal but that it would not amount to the same repayment amount as though I had made payments. How does a trustee determine the amount of your proposal that goes to student loans? also my student loan is amortized to […]
Proposal
My credit card debt is about $25 000,i can’t make montly full payments . I am making about $2000 per month and my expences are about $1500 which means i can afford to pay $400-500 towards my debt montly. Right now i am considering consumer proposal or bankrupcy….is it possible for me to file for […]
Secured loan in consumer proposal
We are considering a consumer proposal as our debt load it too much for us. Two questions: If we cashed out RRSP’s (no funds deposited in RRSP funds in last 3 years) to pay for childs school, would that have any impact. Also we have a secured trailer loan (no equity) that we would like […]
pay for proposal with part of inheritence
Am I allowed to take part of an inheritance that I would receive some year as my parent is still alive ,to pay for my first payment of a consumer proposal ? Posted from: Alberta
My husband is named co-applicant on our line of credit
I was wondering if I file a consumer proposal and my husband is named co-applicant on our line of credit and loan that would have to be included, would he have to pay the balance in full right away or would he be able to still make the monthly payments. Posted from: Ontario
Can I let a car go in a proposal
I have about 30k in unsecrured debt plus a car loan. Can I stop making payments on the car and let it go then put the remaining balance in a proposal. Posted from: New Brunswick