Consumer Proposal and Income Tax Return
If I file for a consumer proposal, will I lose my income tax refund? Thank-you Posted from: Ontario
Consumer Proposals: Answers to Questions
Most Recent ‘Consumer Proposals’ Posts
impact on spouses credit
If your married but the debt is your before marriage and want to go into debt repayment or bankkruptcy do you have to include your spouce..how does it effect spouce if does not have bad credit? Posted from: Alberta
Questions about a consumer proposal
Hi I have some considerable debt and have been looking at debt settlement, but I am not sure yet if that is the route for me to pay back my debts owing. my questions are: how long is your credit effected for while you are on a consumer proposal and will doing this have a […]
Consumer Proposal Annullment
Is it true that where a consumer proposal has been automatically annulled that a court order motion MUST be filed with the original Consumer Proposal Trustee`s recommended Lawyer? Does the fee have to be paid up front? Also, would I qualify for a Division 1 proposal? Posted from: Ontario
benefit of proposal vs bankcruptcy
A consumer proposal can extend up to 5 years and appear on a credit report for up to 3 years after that. A bankruptcy can be discharged in less time and be on a report for up to 6-7 years BUT you can start to rebuild credit immediately. It seems to me the proposal requires […]
Personal, private lender loans
How are personal funds borrowed from non-institutional lenders seen in a consumer proposal? For example, if I borrowed from friends (or friends of friends, in my case) what standing do they have in a consumer proposal or bankruptcy meeting as a creditor? Are they on even footing with other creditors — like CRA, banks, etc.? […]
what is consumer prpposal
what is consumer prpposal Posted from: Ontario
repayment penalties with consumer proposal
are there any penalties for repaying a proposal off early? how early is too early? Posted from: Ontario
income taxes and a consumer proposal
Will I lose my income tax returns if I file for consumer proposals? I had declared bankruptcy and was discharged in 1997 Posted from: Quebec
Loaned monry and balance transfers
I have a line of credit that has a 27K balance on it. It`s been at a special low interest rate that was offered to me. That rate has ended, and the minimum payments are through the roof. I`ve managed to temporarily borrow money to pay it off, and then plan to use another low […]