Will a Proposal Help me?

I lost my job last year and got behind on rent. Rent Bank helped a bit but I was still behind and my landlady asked me to move within two weeks. As such I did but she went to the tribunal even though I was paying off the debt slowly. Now a collection agency is calling saying they have judgement and can garnish my wages even though I am making payments and are refusing adding to my credit counselling portfolio. Should I consider a consumer proposal, will it help and bear in mind I went bankrupt in 1999.

Posted from: Ontario

One Response to “Will a Proposal Help me?”

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

Filing a consumer proposal would definitely be preferable to a second bankruptcy and it would be a good way to remove the creditors ability to garnish your wages. However, without knowing the total of your debt and a variety of other details about your situation it is difficult to answer this question with any certainty.

What I would recommend would be for you to meet with a local trustee, they will then be able to review the necessary details and help to advice whether it is a good fit given your situation.