Surplus Income, student loans and consumer proposal
October 14th, 2008 by Questions
I currently cannot meet my bill obligations and am a few months behind. I am considering filing a consumer proposal instead of bankruptcy as I make pretty good money in the winter but most likely will be laid off in the spring for a few months. Would I be able to `bank` an amount in the event I get laid off or would all the surplus income go to creditors? Is there a maximum I can make? Also would student loans and co-signed loans be included in a consumer proposal?
Posted from: British Columbia