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In Nov. 08 i filed a bankruptcy. In Jan 09 i had an inheritance that was a small lump payment of approx. half my debt and a monthly payment for the next 10 yrs. What are my options, am i intitled to make a proposal or are all monies taken until the debt is paid […]
If you do a consumer proposal can you keep your car? Mine is leased and I only have 11 months left before its paid. Also, I am sponsoring my wife for immigration will doing a consumer proposal prevent me from sponsoring her? You are not allowed to be bankrupt when you sponsor someone, but it […]
I have recently filed a five-year Division 1 proposal, which I am hoping (as I discussed with my trustee) to pay off early by making more money through my self-employment. I have noticed that the proposal contains a clause concerning windfalls (`including, but not limited to, lottery winnings and inheritances`), such that if I receive […]
We are thinking of making a consumer proposal.Should we move our Mortage to a different bank? We owe overdraft,line of credit and credit card debt to this bank but want to maintain our house payments. Posted from: Nova Scotia
Can be possible to file a Proposal together with my wife,I`m late for proposal because one of my creditors transfer my debts to Collection Agency,I have very good income and I don`t wont to go bankrupt.Please help me with your answer before I go to meet the trust.Thank You Posted from: British Columbia
I heard that the limit was going to be increased by March 2009. Have you heard anything? Also, if you file a Consumer Proposal, do they take away credit cards you have already been approved for, but have never used? Posted from: British Columbia
I am a personal banker looking to file consumer proposal along with my husband. One of my husband`s debt is with the same bank who employs me. I am not a party in that loan. Would the whole process of our Consumer Proposal affect my job? Would it also affect my licence from Ontario Securities […]
What is the minimum amount that might be accepted by creditors for a consumer proposal? I owe nearly $30,000 in credit card debt and my income is about $1,000 a month (sometimes I make a little more but nothing steady). I`d prefer a consumer proposal over bankruptcy but is that totally unrealistic? I could probably […]
Once you see a trustee and you are waiting to see if your consumer proposal has been approved-do you keep making your regualr payments to your creditors during this time??? Posted from: Alberta
I am currently in a consumer proposal but want to purchace another home at relatively the same price as my current home is valued at. Both my wife and I have good paying jobs. Do you think it is possible for me to port my current mortgage or what are my options? Posted from: Ontario
