Requirements for Consumer Proposal?
January 28th, 2009 by Questions
My wife and I are thinking of doing a consumer proposal as we are having financial problems. We had our first meeting with a trustee and showed them the income we made etc…Now my wife is currently just starting a daycare and only has one kid so her income is not very high. It`s mainly mine but still not enough to pay the growing amounts of credit card bills. The trustee told us we need to generate some more money before we can go for a consumer proposal. Is this true? I have no idea how long to wait until we can make more money. And the more time we wait the more interest gets added to our monthly credit card bills. Please help.
Posted from: Ontario