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Consumer Proposals: Answers to Questions

Most Recent ‘Consumer Proposals’ Posts

student loan consumer proposal

If i file a consumer proposal, do i have to make payments on my student loan during this period, or do they resume after? Posted from: Ontario

Filing of a consumer proposal

I am trying to put together a consumer proposal, and my Trustee is requesting I pay $900 in order to have the proposal processed with the creditors. The only information I can find on the web is that the fee is included in the proposal amount. I can`t see why in my current situation they […]

OSAP after a consumer proposal

I completed a consumer proposal which should be removed from my credit history Feb. 2010 (6yrs), I met all my obligations. One of the creditors was Bank of Nova Scotia (OSAP) and they accepted the proposal. I want to attend university, can I apply for OSAP under these circumstances and what are my chances of […]

Bancruptcy

If my husband is thinking of Consumer Proposal and I had a secondary card for one of his Visa accounts (now the card is closed), will I still be responsible for full balance on the card? And in this case do I also have to go for Consumer proposal? Thank you! Posted from: Ontario

How much income do I need to file a consumer proposal?

I have 50000 in credit Cards debt. I am married living with my wife and two children. How much income I need to file a consumer proposal, and what will be the minimum pament per month.. Regards,, Posted from: Ontario

Harassment from Creditors

I submitted a consumer proposal two weeks ago. In that proposal I surrendered my vehicle to the secured creditor. I recieved a call today from the secured creditor to not only arrange pick up of the vechile but they also threatened that they were going to start collection proceedings for the difference between what I […]

If a Consumer Proposal is rejected , can I file another CP right away?

If a Consumer Proposal is rejected by the creditors, can I file another CP right away that offers them more money? If so, does my old CP become null and void? What happens to the documents? Does it stay on my file with the Official Receiver? And then, they have two copies, my old CP […]

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