What is required for proof of debt obligation to friends or relatives?
October 13th, 2011 by Questions
If I had been extended some loans by friends and relatives, what evidence can I present to the Trustee to show that these loans and creditors exist? Will the usual promissory note do? What about loans wherein it wasn’t documented because of trust or faith?
Is it legal after the Consumer Proposal period ends to pay these relatives and friends additional monies since they too would have taken a hit during the Consumer Proposal?
Posted from: Ontario
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