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If you are under a consumer proposal in Ontario and have less than 2 years left in payments, in my case. I just sold my house and it closes in a few days, I should be receiving $10,000 and still owe about $8400. Will I have to turn over my proceeds over to my trustee? […]
What is the chance of my lender (FirstLine) allowing me to port my mortgage while under Consumer Proposal? I`ve recently had my mortgage renewed and am 1 year into a 4 year proposal. The property would be a little less than my current property and I would have enough from the sale to pay off […]
I am doing a consumer proposal and I have recently lost my job. I did get a severance package and I am wondering to my creditors take that away from me? Posted from: Ontario
Why can the trustee say no to a proposal Posted from: British Columbia
I am thinking about applying for a Consumer Proposal. My mother has co-signed for my mortgage and a Line of Credit. Can I exclude the Leine of Credit from the proposal? Will this affect her credit in any way??? Everything else is in mine and my husbands name. Posted from: Ontario
My husband and I are going through a consumer proposal at the moment as of Nov 09 we will be finished. My problem is between the both of us we owe rca $21,000.00 for the tax yr 08.We already paid in $14k which leaves us a balance of 21k owing for the 08.I should also […]
who can prepare my settlement offer and attorney or banktrustee, I`m willing to offer my unsecured creditors a lump sum settlement between 5-15% Posted from: Ontario
My husband lost his job since 2006 and it has been very difficult to find a stable job. He had a few part-time jobs but because it does not have the minimum # of hours, he can file for an EI so we are relying only in one salary. And because of that we maxed […]
Hello, I am in my late 60`s and just recently lost my job. I have a pension and am wondering whether a pension is considered as an income when filing a consumer proposal – in the fact that I would be able to file and have the proposal accepted with only using my pension as […]
If i file a consumer proposal as a way to pay off my credit card debt is there any way my home could be at risk? I got one of the last 40 year morttages in 2007,I paid 370,000 with no money down, and borrowed cmhc fees, so I actually owe more than I paid […]
