Death during a Consumer Proposal
July 25th, 2012 by Questions
If a person is in a consumer proposal and one day just happens to die what happens to the consumer proposal with all that debt? Can the creditors come after your estate, life insurance, etc.
Posted from: Alberta
One Response to “Death during a Consumer Proposal”
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.
July 25, 2012 at 10:28 pm, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
Unless the estate pays the proposal prior to any default in performance then yes the creditors can come after the estate.