Credit payments during Proposal.
April 25th, 2011 by Questions
I am thinking about doing a Proposal and i would like to know, during the process of the proposal, ie: time between submission of proposal by trustee and acceptance by creditors, is one still obligated to make payments towards one’s debts?
Also, is there any time frame/penalties involved with getting rid of assests before a proposal is applied for?
(my apologizes if i am abusing this with 2 questions)
Posted from: Ontario