trustee fees for a consumer proposal

August 5th, 2009 by Questions

do you have to pay the trustee fees up front for a consumer proposal

Posted from: Ontario


One Response to “trustee fees for a consumer proposal”

, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

No, the administration fees come out of the normal payments in the consumer proposal. So with most trustee’s offices you simply make your monthly payments, which start from the date you sign the actual consumer proposal and then every 30 days make your additional payments as will be specified in the propsal. The administration fees will then be deducted out of the payments as the proposal progresses.

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.)