trustee fee in a consumer proposal
May 7th, 2007 by Questions
can you give me a rough idea of what to expect – if I hypothetically have $125,000. worth of unsecured debt – and I do a consumer proposal – and we agree to repay approx $50,000. what would the trustee fees be on this??
is it a percentage??
Also – we have an offer of purchase on a piece of real estate – but it won\’t close for 12 months – can this be negotiated into the proposal?? ie – $400. per month and the balance when the sale closes??
(Yes I know – I have to meet with a trustee. – planning to do so very soon)
thanks – your site is very helpful