Need answers about a vehicle and a consumer proposal.
November 1st, 2009 by Questions
I`m considering a consumer proposal. I`m approx $20,000 in debt with unsecured credit cards/bank loans. I also have a secured car loan with approximately $23,000 remaining to be paid over the next 5 years @ $500/month. I need my vehicle for work as I travel frequently. My vehicle is worth less than what is currently owed. Will I have to give up my vehicle if I do a consumer proposal?
Posted from: British Columbia