Lost my job and consumer proposal in place

May 22nd, 2009 by Questions

I am doing a consumer proposal and I have recently lost my job. I did get a severance package and I am wondering to my creditors take that away from me?

Posted from: Ontario

Questions

One Response to “Lost my job and consumer proposal in place”


May 23, 2009 at 10:23 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

In a consumer proposal you do not have to worry about your creditors being able to seize any of your assets. So your severance package is safe as long as you continue to keep up with your commitments under that proposal.

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