Am I allowed to start a small business?
Hi I have a question. If i am currently under the consumer proposal, am I allowed to start a small business? Posted from: British Columbia
Consumer Proposals: Answers to Questions
Most Recent ‘Consumer Proposals’ Posts
Can I keep my Cellular Phone Contract?
Will I be allowed to keep my 2 year contract with my cellular phone provider? Posted from: British Columbia
NSLSC has not cleared my student loans
I finished school in may 2002. My student loans became payable in Nov 2002. I did a consumer proposal Oct 2010 and received my certificate of full completion in Jan 2014. My student loans were claimed in the proposal, since my discharge NSLSC has not cleared my loans even after having my trustee and myself […]
Can I cancel my proposal within the first 60 days?
On December 19 a Trustee filed a Consumer Proposal on my behalf to which he said the Unsecured Creditors have 45 days to reject or approve. The date for this is February 1. The net proceeds of the house will be used to pay the Creditors, and leaving me very little. Can I cancel the […]
A different creditor says I owe from 15 years ago
Is been 2 years since i filed a consumer proposal and now i received a letter from a different creditor claiming that i owe x amount of dollars since the year 2000, please advise Posted from: Ontario
What amount would satisfy my creditors?
I own 2 houses, my wife and I lived in both homes. One home is in Alberta and the other is in BC. My wife is not on title with either home. We are currently in the Alberta home. The home in BC has been vacant for over 6 months ( no tenants). My wife is suggesting we sell […]
Can I add another debt to my consumer proposal?
When I separated with my partner, we lost our house and the bank sold it for less than what was to be paid. I filed a consumer proposal but I did not include the shortfall to find out later that the amount has been registered on my other property. Can I go back and include […]
Should I include family loans in a consumer proposal?
I owe my sister about 35K, of which we have an agreement that I only pay how much I can afford each month? I am contemplating of whether or not I should include my loan with her in a consumer proposal? What are the advantages or disadvantages? Thanks! Posted from: British Columbia
How do I know if we are insolvent?
How do I calculate whether we qualify as insolvent? Together our gross annual income is $118K, and our take-home pay of $5677 monthly. Our mortgage is $195K with $181K remaining. We each have separate credit cards and lines of credit, but all together our debt totals about $85K. Monthly debt payments are $1400 – this […]
Can I cancel my consumer proposal?
Recently I submitted a consumer proposal to TD Auto Finance (1 week ago ) I contacted them to surrender my car. Over the weekend I have realized the deal is just not worth it. I will be spending almost as much on taxis etc. as to keep the car …what can I do-I have not […]