Failed Consumer Proposal
What are my options after my consumer proposal was annulled due to 3 months behind in payments. Could not afford the payments. Unfortunately I have been bankrupt twice before and do not want to go through that again.
Posted from: Ontario
You have the right to apply to the Court to ask for permission to file another proposal on the same debts, BUT since you’ve had two prior insolvencies I don’t think the Court is likely to approve your request. I am sorry, but you need to find a way to repay the debt or you may have to file bankruptcy for a third time…