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I co signed my ex husbands truck loan and he defaulted. The credit union seized and sold the vehicle and are now garnishing my wages for the outstanding amount left owing. Can this be included in my consumer proposal as the vehicle was seized and now becomes unsecured debt? When I file for proposal does […]
I owe around $90 000 and my husband owes $64 000 in unsecured debt. Is it possible for one spouse to claim bankruptcy and the other do a consumer proposal. We only have 1 credit card that is joint. how would surplus income be calculated with this situation. Also when calcualating debt for a consumer […]
In a divisional Consumer Proposal situation who does the trustee work for- the debtor, the creditors or the courts? What guarantee does a debtor have that their advice is appropriate to their situation? Are communications in these situations confidential? Posted from: Ontario
I asked a question yesterday and I think it was misunderstood. What I was asking was if the cra was holding the proceeds from my home in trust until the taxes were done (I dont owe them and I am not a late filer) in fact they owe me money as well as the fact […]
Hello….my husband and I have $76,000 of unsecured debt, I am the only one in the household with a job or income, are the payments for the monthly consumer payments based on income? We are just trying desperately to hold on to our home….. Posted from: Ontario
What happens if cra refuses consumer proposal for small business and other creditors vote yes? Posted from: Nova Scotia
I am divorced and cra was holding proceeds from the sale of our home in trust until the taxes were complete. I am now in a position to make a proposal. I have 2 small children and have received NO child support in a year and a half. Do I have to offer all proceeds […]
Although the consumer proposal has been paid in full, I am still req`d to complete 2 debt management counselling sessions to satisfy the terms of the proposal. However, I cannot find out where to get these sessions. I originally worked with an insolvency counsellor at Perth Huron Family Services, and have left numerous messages for […]
I am separated from my wife who lives in BC. We have a joint Bank account that is overdrawn in BC. as well as and unsecured Bank Loan co signed by both of us and a Credit card each, on one Mastercard account( She never cosigned the application nor ever used the card).Can you please […]
Hi. My wife and have over $120,000 of unsecured consumer debt and are exploring Consumer proposals. Are we able to do a Joint Proposal with a combined threshold and not have to do Div 1? Posted from: British Columbia
