Mr G
Do I have to claim inheritance money during a consumer proposal? Posted from: Ontario
Consumer Proposals: Answers to Questions
Most Recent ‘Consumer Proposals’ Posts
Proposal or Bankruptcy?
I recently lost my job due to a company liquidation. I have around $50,000 in consumer debt (credit cards, line of credit etc.) A car loan and mortgage. I would like to keep my car and home which take 1/2 of my unemployment earnings a month. Would I qualify for a consumer proposal? All my […]
child support and proposal
my question is, my ex is filing a consumer proposal and has informed me that the child support will be cut in half, can he do this without discussing this with me first, Posted from: Ontario
consumer proposal and pending inheritance.
I know that I will receive an inheritance but do not know the amount nor do I no specifically when I will receive it …I am in some financial difficulty with no assets or property…if I file a consumer proposal now with a one payment offer do I need to disclose about the future inheritance. […]
Considering a Proposal
I earn about $70000 per year on a single income. I have about $35000 in consumer debt, excluding a mortgage ($208000 – renewal in 2013) and a car lease. If I apply for a consumer proposal for consumer debts, can I still make payments on my mortgage and car lease without fear of losing them? […]
Equity in Home
What happens when someone with equity in their home files a consumer proposal? Will they lose the home or have to pay out their equity? Posted from: Ontario
Consumer Proposal “Un-Official Tests”
I have been reading your site and am curious if you would owe no surplus income in bankruptcy, only have a nominal expected tax return and recently returned to work and could afford to pay some money every month under a proposal. Would your creditors just be thankful for anything above what they would get […]
Filling separate proposal
I just started pmt on a consumer proposal. I filed alone thinking that all unsecured debt were in my name. Now 3 vomapnies are after my wife for more than $50,000. Can she filed separately on the same loan that I filed? Posted from: New Brunswick
Supplementary card liability
I am considering a consumer proposal, with my husband`s help for payment. For I do not have income since July 2009. My husband holds a supplementary card to my Visa since the nineties, he rarely uses it, not used in the past year at least. Will he be pursued by the credit card company for […]
Two Mortgages on Two Properties
If I have two properties, both with mortgages that I can pay, plus an additional debt that I have trouble paying in full month to month, is the second property that I don`t live on included in the consumer proposal, even though I can make that payment? Posted from: Ontario