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If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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consumer proposal time frame

I`m considering filing a consumer proposal with a local trustee..How long will it be between my assessment and the actual filing of my proposal..I know the creditors have 45 days to respond and 15 days after the proposal has been filed??

Posted from: Ontario

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One Response to “consumer proposal time frame”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

This really depends on the the trustee’s office you are using and how quickly you are able to get the necessary application form back to them. But most offices are able to have everything finalized within a week of receiving the application form, assuming it is filled out properly.