consumer proposal and surplus income payments

July 10th, 2009 by Questions

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


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.

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