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Due to my divorce I had to take on a consumer proposal in April `05. I was able to pay it off in May `08, 2 years sooner than I was given. My new husband and I want to refinance the mortgage on the house we share to have some badly needed renos done this […]
My husband and I separated and have a legal separation document. In the document it states that I have rights/title of marital home and responsibility to mortgage. If he now gets a consumer proposal or goes bankrupt can my home be affected? The deed is still in both our names but the document states he […]
I filed consumer proposal 2 years ago and it was annulled, I was paying 180.00 a month. Judge ordered for the new proposal and now I have the same creditors, but one of them did not accept this time and asked for 33% or $550.00 a month!!The trustee called me for creditors meeting. I would […]
I have just filed for a consumer proposal last week and yesterday unexpectedly was giving two weeks notice from my job. What will happen next? I have some RRsps left but it has dwindle down because I`ve have to use them to live because my employment has not been steady in the past 7 years. […]
When do the creditors stop calling/ sending letters. Posted from: Ontario
First off thanks for offering such a great web site on this sensitive topic. I`m facing financial difficulties and running a now running a monthly deficit. I own a house (little equity) and lease a car with no late bill payments yet! I`ve contacted my real estate agent and thinking of selling the house (would […]
What are my options after my consumer proposal was annulled due to 3 months behind in payments. Could not afford the payments. Unfortunately I have been bankrupt twice before and do not want to go through that again. Posted from: Ontario
I understand the limit may be raised to $250k from $75k – any idea when this would happen? Posted from: Ontario
As I understand it I would have to go the route of a Division 1 as I have a $150k in unsecured debt, with a decent income $120k per year, but I need to avoid bankruptcy at all costs (due to employment restrictions). I understand that if my Division 1 proposal is not approved I […]
I am thinking of filing a consumer proposal, but I am unsure of the timing. I will be moving to the U.S. for school this fall, and a family member offered to loan me money for a downpayment on a cheap house there, which I will pay back when I sell the house down the […]
