January 23rd, 2012 by Questions
I owe about 60 k in credit card debt..as a ballpark how much will I be expecting to pay if I follow up with a consumer proposal? Thank you
Posted from: Ontario
January 23, 2012 at 1:22 pm, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
It is difficult to make a blanket estimate as each situation is entirely dependent on your level of income and in turn what you are worth to your creditors in a bankruptcy. But as a general rule right now you need to offer approximately 1.3 of your debt.
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