Consumer proposal for wife only
January 1st, 2010 by Questions
My husband and I have accumulated approx $70,000.00 in debt! Due to circumstances he is on WSIB and I collect CPP disability. I want to know if I can do a consumer proposal for the debt that is in my name only? That would be approx $30,000.00, but I am also included on one joint line of credit and our mortage. Our household income would have to be used in the calculation for repayment as it is his income that is the higher of the two. I would prefer not to ruin both our credit ratings.
Posted from: Ontario
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)