Money spent on different things
November 27th, 2009 by Questions
If part of the mony is spent on gambling will it affect acceptance of proposal and how. What can you do before filling to be somehow sure that they will accept and if they don`t accept how much is charge for it in case u don;t get approwed.
Thanks
Posted from: Ontario
One Response to “Money spent on different things”
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November 29, 2009 at 7:59 am, A licensed trustee said:
It may – the creditors may consider many things when voting (you’d have to ask them to know how they arrive at their decision to accept or reject your offer).
Your angst is normal – if you want to reduce the uncertainty of your proposal try and deal with a trustee that handles a large number of proposals. They are more likely to have a better understanding of how the major creditors vote.