Unsure of what to do
I filed a consumer proposal back in the mid 1990’s because I had student loan debt that could not be repaid. Now, almost 20 years later, my wife and I have a combined $60000 in credit card debt and a personal line of credit. We make the payments, but we end up using more credit to live, because we don’t have the monthly income to cover living expense AND debt. What will the consequences be if I make a second consumer proposal? What about if I were to declare bankruptcy?
Posted from: Saskatchewan