Paying Off
March 2nd, 2008 by Questions
Can a family member, such as a parent, pay off a consumer proposal debt for their family member? If so, who should the cheque be made out to, and does this have to be discussed first with the firm that handled the consumer proposal?
One Response to “Paying Off”
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.
March 03, 2008 at 8:43 am, Barton Goth GCO Bankruptcy Trustees said:
There is no problem with anyone paying off your consumer proposal on behalf of a debtor.
I would recommend it is discussed with the firm that handled the consumer proposal just to clarify the exact balance outstanding and the cheque should be made out to that firm as well.