Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More
My father recently passed away and I`ve received a modest inheritance of $6000 to be used for school and to help my mother if she needs it. If I file a consumer proposal will I need to forfeit it the same way I would if I filed a bankruptcy? Also if there is a chance […]
Hi, I understand that this question is very broad-based and that the actual answer would depend on specific circumstances and ultimately the position of each respective creditors – but this is the question…… What is considered a reasonable or standard range of settlement when making an offer to creditors in terms of percentage of debt […]
I read that a self employed insurance broker cannot go bankrupt, is the individual allowed to apply for a consumer proposal. If the proposal is not accepted can he apply for bankruptcy and still work as an insurance broker. Posted from: Quebec
I`m half way through a CP and, in fact, I`m hoping to pay it off sooner than expected. It has been one of smartest things I`ve done in years and have even started to save money. I had never missed a bill payment, however, my debt was such that I was borrowing from Peter to […]
Wondering if I can put my mortgage in someone else`s name before doing a consumer proposal? Posted from: New Brunswick
If I file a consumer proposal will they find out about my mortgage? Posted from: New Brunswick
Do I need to include my wife in my consumer proposal if she is not on any of debt ??? Posted from: Ontario
What happens with inheritances when you do a proposal. If I inherit a house what happens. can they make me sell it Posted from: Ontario
I am thinking of doing a CP. I am scared that after doing this, I will not be able to renew my mortage in 4 years. I only bought my house 1 year ago, so will not have that much equity in it. Will a bank still refinance me after a CP, if I stay […]
With me going on maternity leave and my husband working for his own company, will this affect us trying to apply for a consumer proposal. We owe around $70,000 in unsecured debt, which includes taxes, line of credit, credit card and GST. Plus we have a car loan and a line of credit that`s secure. […]
