February 24th, 2011 by Questions
I have 70k in usecured cc debt and can barely make the mnimum payments every month and the interest is really adding up. I am still in good standing with my creditors at this point. I have no assets and no savings but I want to start having some money left over from my paycheque to actually save and get back on track. I am considering a Consumer Proposal since I am able to make some payments. My question is, will my creditors accept a proposal from me given I am current on my payments? Should I stop paying them for 6 or 7 months and then try? Thank you. This is a great service you are offering here to folks like me.
Posted from: British Columbia