July 19th, 2012 by Questions
Hello, I have approximately 600k in credit cards and line of credit card debt. I have a family member that will lend me up to 250k to pay or settle with everyone. Is consumer proposal the way to go? I also want to be bale to build small credit again, is this possible?
lastly, we have 2 joint properties with conventional mortgages with family but the mortgages are in our name. would they be affected? Our personal home has very little equity. My total net worth is negative 350k or so at the moment. I am attempting to avoid bankrupcy. Your advise would help. Thank you
Posted from: British Columbia