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Consumer Proposals: Answers to Questions

Most Recent ‘Consumer Proposals’ Posts

proposal

I read that if you file bankruptcy after 7 years the good ole people at student loans will oppose your bankruptcy. My question is; is there a provision that allows them to oppose a proposal after its paid off, assuming 7 years from end of study have elapsed and the student loan is not the […]

Janet

If I do a consumer proposal and during the payback period I need to renew my morgage, it is up for renewal in Aug. of 2014, can I be refused renewal because of my credit rating? Posted from: Quebec

Home Equity

Hello, I have a question regarding the consumer proposal. Without getting into all the detail, I would like to know if there is a waiting period after I sell my house before I can submit a consumer proposal. Hypothetically, I sold my house and used the equity to pay off the Canada Revenue Agency and […]

mr

What is the limit for debt for a couple and does consumer proposal cover tax debt? Posted from: Ontario

buying a house

after filling a consummer proposal and you happen to gey a lump some of money inherrit, divorce can you pay the rest off and buy a house Posted from: Ontario

balance transfer

How long before doing a consumer proposal should I make any large money transfers between cards? Posted from: Ontario

Subsidiary / Division

Two major banks recently bought 2-other, smaller, financial institutions that I have 2-unsecured lines of credit with. If I open a bank account at one of the two major banks, then do a consumer proposal will that major bank be able to freeze, dip-into my bank account since my c.p., is for line of credit […]

Which bank

Have read that i should open a new bank account with a financial institution i have never had a credit card with, before doing a Consumer Proposal. Question is, two banks i would want to open new bank account with, i had credit cards +10years ago, all paid never any issue, i just cancelled the […]

co sign

I have a credit card that I am the primary on . My spouse co signed when we got the card. In a consumer proposal does my spouse need to file a consumer proposal or can it be covered under mine on this debt? Posted from: Prince Edward Island

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