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Consumer Proposals: Answers to Questions

Most Recent ‘Consumer Proposals’ Posts

family income

I have 3 kids (2 adults and one minor) living with us. If I go for a consumer proposal, will they be factor in as dependants and qualify for the total income table. My daughter currently has a part time job. Will her income need to be be included in our financial statement. Thank you […]

Credit Proposal Question`s`

A few clearifcations needed on credit proposals: 1. Will a previous discharged bankruptcy re-appear on your bureau if you file a comsumer proposal 2. My wife is due May 15 with our 3rd child, if I filed a consumer proposal now, would they factor in the 3rd child that is set to arrive 3. Will […]

Consumer proposal or a debt settlement?

Which is better to fix the credit faster Consumer Proposal or Debt Settlement? How it effects credit? How long both of these stay on record? Posted from: Ontario

Mr

After the proposal has been accepted, about 65 days. I would like to take a 2500.00 RRSP to help with 2009 taxes. Is this a good idea? Posted from: Ontario

mortgage

if i choose to walk away from my house,can cmhc still come after me if there is a loss on the house after they sell it?i was informed it could be included in a proposal and i was also told that after i am finished with my proposal cmhc then could come after me Posted […]

RESP-Consumer Proposal

Are RESP`s for the children affected from a Consumer Proposal? Are they taken? I know they are liquidated in a personal bankruptcy, but what about a CP? Posted from: Ontario

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