Once proposal is accepted and lost job, can you cash out from assets to pay CP until finding work so you don’t miss the 3 payments and get in annuled? Assets were included in CP

Posted from: Ontario

One Response to “proposal”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

As long as we are talking non-exempt assets that were disclosed at the time of filing the proposal, then absolutely you can sell these assets to preserve the proposal. You won’t find any problems associated with doing so.