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Can I keep my Car? I bought my car 4 years ago for cash. It’s retail value is about $10,000. I own the car free and clear. Can I keep my car in a consumer proposal? My debt is about $22,000. Posted from: British Columbia
Hi, My husband and I both work and I have a consistent pay whereas my husband has a steady income but earns by piecework so some pay periods are high and some are not. We are looking into consumer proposal, but I’m finding that as I look at our monthly expenses, sometimes we may be […]
Hello, I am considering a Consumer Proposal. I am in debt $55,000 and I am trying so hard to work overtime however it is to much and I am do not have any money. I need help but I have a problem, I want to do a Consumer Proposal but I am currently leasing a […]
I have a credit card and line of credit with my bank. Can my bank seize my RRSP after I applied for consumer proposal? Posted from: British Columbia
What happens to the credit cards that do not have any balances on them? Do they have to be turned into the trustee as well and if not, can they be used while on consumer proposal Posted from: Manitoba
I am in year 3 of a CP and applied for a credit card to rebuild credit. Was denied because “you have previously filed bankruptcy”. I was under the impression although both bad these are two different terms and I have not filed for bankruptcy. Can this be changed on my credit file? Thanks Posted […]
How does selling a house affect consumer proposal. What is the time frame. Most of the proceeds from the sale went to debt. 15000 went to pay a relative who did the renovations to sell. They used it to use as a downpayment on their house. Posted from: Ontario
Hello, I am considering a consumer proposal. I have a mortgage of which my parents are cosigners. I also have a unsecured loan with the same bank that I have my mortgage with. If I file a consumer proposal am I at risk of losing my house? and will the process impact my parents negatively. […]
I am considering filing for a CP. I have joint accounts with my mother as well as my own at the same bank. I am not behind in monthly payments. The money that goes in moms cheq acct is her pension and Riff and her other account is a US savings account that has not […]
Can I file a consumer proposal even though some debts are already in collection and can I keep my vehicle and camper as long as I keep paying Posted from: Ontario
