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Is an overdraft considered part of a consumer proposal?

will a bank overdraft on my bank account be apart of my consumer proposal???

Posted from: Ontario

One Response to “Is an overdraft considered part of a consumer proposal?”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

If you are into your overdraft more than $250, then it is considered a debt that legally you must list when filing a consumer proposal.