February 6th, 2012 by Questions
what is a Division I Proposal? my proposal failed due to being dismissed from employment without severance and unable to collect unemployment insurance.
Posted from: Ontario
February 06, 2012 at 12:17 pm, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
A Division I Proposal is much like a consumer proposal but designed primarily for larger more complicated situations (i.e. either dealing with a company or an individual who has greater than $250,000 in liabilities). But just like a consumer proposal you are not eligible to file one if you have previously defaulted with a consumer proposal without court permission.
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