November 27th, 2009 by Questions
Does it matter how the money you owe is spent deciding acceptance of proposal
Posted from: Ontario
November 27, 2009 at 9:20 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
While I am not 100% sure what you are asking, if you are referring to the Income and Expense breakdown you sent out with the consumer proposal, then the answser is Yes. Your creditors will often review this Income and Expense estimate that was provided when they are trying to determine if the offer contained in the consumer proposal is fair and reasonable.
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