Cost of Consumer Proposal
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
One Response to “Cost of Consumer Proposal”
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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…