Income ense statements and consumer proposals
Is one rquired to submit monthly statement of income and expenses during a consumer proposal like in bankruptcy?
Posted from: British Columbia
Is one rquired to submit monthly statement of income and expenses during a consumer proposal like in bankruptcy?
Posted from: British Columbia
There are differing positions on this as each trustee has a slightly different interpretation of the Bankruptcy and Insolvency Act, but from the trustee’s I am aware of, most require these statements be filed for the first 9 to 12 months of the proposal.