consumer proposal

December 6th, 2009 by Questions

I filed a consume proposal with a trustee that didn`t ask me specifics about my assets or ask me to complete a sheet outlining my possessions. She filed the report, and my furniture/personal effects assets were listed several thousand below the exemption limit. I don`t have a lot, it`s true, and I know it`s based on garage sale value. At the time of filing, it seemed reasonable to me, but now in retrospect, I think it might be understated. Can I request an amendment, even though I have just found out my creditors voted no. I passed my 45 days, 2 days ago. I want to be honest here, because nothing is above the exemption threshold, so there would be no gain in bankruptcy for my creditors. Please what should I do?

Posted from: Ontario


One Response to “consumer proposal”

, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

If there were material omissions an amendment is probably best, but you should discuss this with your trustee.

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