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consumer proposal and surplus income payments

With a consumer proposal, are there still surplus income payments added to the amount of the proposal if the thresholds are exceeded or are those only for bankruptcy ?

Posted from: Ontario

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One Response to “consumer proposal and surplus income payments”

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

When you have filed a consumer proposal the surplus income obligation does not play a role. You need to pay the amount that was stipulated in the consumer proposal and agreed to by your creditors.