October 29th, 2011 by Questions
What will it cost me to do a consumer proposal? Do all companies charge different fees? Is it a percentage of what I know?
Posted from: Ontario
October 29, 2011 at 3:13 pm, A licensed trustee said:
There should not be any upfront fees to file a consumer proposal. Your trustee will be paid a preparation fee and a percentage of all funds distributed to your creditors – all of this is included in your monthly payment.
If some one is asking you for fees upfront, or in addition to the monthly payment requirement they probably are not a trustee and therefore canot provide file a proposal themselves. Once you pay them their fee they will refer you to a trustee to do the work. Save yourself the fee and deal directly with a trustee…
Log in to Reply
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.