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
One Response to “Lost my job and consumer proposal in place”
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.
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.