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”
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July 12, 2009 at 12:11 am, 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.