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I am asking this concerning my parents. My Mother is 84 had kidney out last year to cancer is not in good health, my Dad is 82 and just diagnosed with lung cancer. They have a total of about $40,000 in credit card debt and a bank loan, they pay out about $1,400 in payments […]
I had a bakruptcy in 1999; discharged in 2005; my financial situation has forced me into a Consumer Proposal; what are some of the issues I will have? and how will this new proposal affect my credit? Thanks Posted from: Ontario
Will a bank lend me the money to buy a house while I am on a Consumer Proposal?. The terms of the Proposal have been maintained. Posted from: Ontario
Recently I have been looking into filing a consumer proposal. I bought my car about a year ago, and during my research into proposals I have come to the realization that my bank didn`t register a lien on my vehicle. I was charged the lien fee at the time of purchase, but I cannot find […]
If my proposal has been accepted, can I apply for a secured credit card or do I have to wait until my debt is paid in full? Posted from: Alberta
If I were to file a Divisional One Proposal soon – would I also be able to claim any tax owing for current year Jan 2008 to the day I filed the proposal? Or is that only in a Bankruptcy? I currently owe them about 30K for 2007 and before and probably owe another 6K […]
This is actually a follow up to an earlier post.. I had stayed in te U.S for a few years and had accumulated 35,000 dollars in credit card debt when I left the country in 1995. In 2008 I`am saddled with an approximate 180K Canadian debt. If I declare bankruptcy will the U.S debt with […]
Hello, I have credit card loan of 29,000 with CIBC Visa and another $5000 loan with MasterCard. My Monthlly payment is about $750+. I can no longer pay this monthly minimum payment due to living costs, since after paying the minimum payment, paying rent and utilities, I get nothing left over for living costs (i.e.: […]
how will it effect a joint LOC if i go cosumer propsal and my husband doesnt Posted from: Ontario
As a creditor , should I be suspicious of any debtor who files a consumer proposal instead of bankruptcy? What is the advantage , to a honest debtor , of proposing a settlement when he can walk out of the debts in nine months by declaring bankruptcy? Either he has significant assets , significant surplus […]
