change of assets
I was just looking at my paper work for my consumer proposal i filed a year ago and have noticed that some of my assets have changed. will this effect me in any way? Posted from: Alberta
Consumer Proposals: Answers to Questions
Most Recent ‘Consumer Proposals’ Posts
Will spouse files will I lose my home?
How will my mortgage be affected if I am joint with my spouse and they wish to file a consumer proposal? Will the bank be able to close our mortgage, or can I be forced to sell my home? Posted from: Alberta
Consumer proposal for wife only
My husband and I have accumulated approx $70,000.00 in debt! Due to circumstances he is on WSIB and I collect CPP disability. I want to know if I can do a consumer proposal for the debt that is in my name only? That would be approx $30,000.00, but I am also included on one joint […]
consumer proposal concerns
I am filing for a consumer proposal this week. part of my debts is my house that i gave back to the bank, and the bank haven`t sold the house yet. I am just wondering if this is gonna be a problem for my proposal being accepted since the house is not sold yet? The […]
CW
If a consumer proposal is not accepted – can it be resubmitted should you find a way to increase it slightly? Posted from: Ontario
after a consumer proposal
We are 2 months into a consumer proposal and now have some company shares with my husband`s employer that we can cash. The only brokerage we can use is a bank that is one of our creditors, can we use them to cash the shares or would they be able to take the money? Posted […]
Ahmad
Do people lose their professional licences in Consumer Proposal situations. Posted from: Ontario
When to tell creditors about proposal
Hello. I am filing a CP. I have a creditor that has been quite agressively calling seeking payment. Should I simply tell them that I am in the process of a proposal? Is there any risk to my proposal negotiations by telling my creditors `too soon`, if there is such a thing? Posted from: Ontario
How much can I keep to live on
I`ve been living on such a lean budget the past year trying to stay on top of my loan and credit card payments that I don`t even know what it would realistically cost me to live. Especially considering most of the money paid on line of credit and credit cards ends up paying for groceries […]
cra debt
I was self employed from 99 to 2006 in which I incurred a large debt from a cra payroll audit done in 2003, over the years the debt with intrest and penalties is now $130 000, I have been employed for the past three years and my salary is $80 000/yr. I have approx. $100 […]