Consumer proposal

September 12th, 2011 by Questions

A person is paying a car if he does a proposal he lose his car?

Posted from: Ontario

Questions

One Response to “Consumer proposal”


, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

In a consumer proposal there is no vesting of assets like there is in a bankruptcy. So with the proposal, regardless of the equity in the car or the provincial exemption, as long as the payment continues to be made there is no impact on the vehicle.

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