Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More
I have heard that the new legislation that has been passed raises the consumer proposal limt to $250,000, yet this provision of the bill has not been incorporated into the legislation. Is there any thought amongst those in your profession if this will actually become law and if so when? Posted from: Alberta
I have an old student loan that is haunting me for over 10 years now.. I am a single mother that is on a limited income with a full time job and starting to rebuild credit (slowly) I am looking at clearing this old debt up by either a consumer proposal or bankruptcy. First, can […]
I have attempted to negotiate payment reduction with Capital One Mastercard and did not get enywhere with them. Is it possible to reduce monthly payments? Posted from: Quebec
I currently have close to $75,000 in debt consisting of lines of credit and credit cards, along with some student loans. I also have a line of credit and a credit card that I presently do not owe ANY money on. I am considering filing a proposal. My questions is this: can I keep the […]
Can I still travel – one trip per year – if I file for consumer proposal? Posted from: Newfoundland and Labrador
I am married and have found that I have accumalated a debt of 45,000 in my name with out my husbands knowledge. Can I ask for Consumer Proposal myself or does my husband have to be involved. I don`t want to risk losing our home and other assests. Posted from: Ontario
what happens if one person passes away and you have filed a joint consumer proposal. and also if in four years you inherit money or win a lottery for instance can you repay proposal debt or do you have to repay all creitors. Posted from: Ontario
I am currently debating on setting up for a consumer proposal. My husband and I have incurred $50,000 through school tuition, and credit cards. We both have solid income, but cannot meet the monthly payments which are of course only minimum payments. He also has a car loan of $25,000. The lease is up on […]
Can I obtain a secured credit card `while` I am still in a consumer proposal process (still making payments)? Posted from: Newfoundland and Labrador
I am considering a consumer proposal. If I`m asked by any banking institute during or after the proposal if I`ve ever been bankrupt or declared bankrupt, do I say `yes` (is a consumer proposal `bankruptcy?), or do I say `no` and explain I have made a proposal? Thank you for your help. Posted from: Newfoundland […]
