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proposal duties

Are there `duties` associated with the acceptance of a consumer proposal as there are with filing for bankruptcy ? And what might they be ?

Posted from: British Columbia

One Response to “proposal duties”

A licensed trustee said...

If yuo file a consumer proposal you are required to attend 2 counseling sessions and you may be required to attend at a meeting of creditors (if one is called). Your only other on-going duties are to make the agreed upon payments and keep your trustee approzed of yuor address and phone number.