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.

Posted from: Ontario


One Response to “Money spent on different things”

, 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.

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