Selling home during a consumer proposal
March 29th, 2016 by Questions
I started my proposal, regularly paid all installments up to now. I made a mistake in between: I didn’t know that I can’t sell my house, and if I sold it, I have to pay all the proceeds to my trustee, what is due. I innocently kept paying monthly installment up to now, and at the very end, when my trustee tried to call at my home and couldn’t contact me because I had moved, he sent me an email to inform him, if I had any changed information for my address, ph. no. etc.by bankruptcy law. I thought Division1 Proposal was different than bankruptcy and different law? Now what will happen to me, once I send him my new address for sending documents? Is it a criminal act, not to declare the sale of the house? My wife is innocently involved with this case. As a homemaker, she is not involved with any financial matters. Only I make the decisions. Is she trapped with me too?
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