repayment penalties with consumer proposal

are there any penalties for repaying a proposal off early? how early is too early?

Posted from: Ontario

One Response to “repayment penalties with consumer proposal”

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

No, there is no penalty for repaying a consumer proposal earlier. In fact it is encouraged, as it is a win-win for everybody involved.