Consumer Proposal Time Period

June 28th, 2012 by Questions

If my Creditors agree to my proposal before 45 days… can my proposal start before 45 days after filing????

Posted from: Alberta

Questions

One Response to “Consumer Proposal Time Period”


June 28, 2012 at 10:58 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

Your consumer proposal starts on the day you filed the proposal, not on the 45 days after filing. It is immediately upon the filing of the consumer proposal that the stay of proceedings is effected and the proposal begins.

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