Can a consumer proposal also deal with tax debt?
Archive for the 'Consumer Proposals' Topic
posted by Questions @ I have high balances on my credit cards and two PLCs which total to $73,000. My husband is ill and cannot work any more and does not receive any money! I have a 2008 car which is leased on my name and an uncle`s. If I file for a consumer proposal, do I lose my [...]
in a proposal is a creditors voting share based on amounts owed or does each creditor have an equal say.
I am looking at a consumer proposal but need to find out what happens with secured debt. Right now I own 2 homes jointly with my spouse. We rent one out and live in the other. The rental property has now been put into foreclosure, sold and there is a lawsuit against us for the [...]
I am a single mother. I have 2 children under the age of 6 and the problem is I owe way to much money on credit cards (about $19,500) and i don`t make enough (about $1,250 a month). I would like to know if a bankruptcy is best for me or would it be better [...]
About 3 years ago I consolidated a bunch of credit card debts and other loans, and it came out to about 50,000.00. I have been making payments of 1600.00 a month and I think it is supposed to be paid off after 5 years. The problem is that I can`t afford to keep these payments [...]
I have unsecured debt for roughly 70K and student loans(I believe these would survive because I have only been out of school for 2 years) for about 40K. Can I make proposal to those unsecured creditors? In other words, does the 75K limit for proposals applies calculating ALL debt or only those debts that are [...]
Also, what are their drawbacks?
I need information on student loans. I have now been out of school for about 8 years and need to know what to do to deal with these student loans. I cannot afford to pay them, and they have been haunting me for far to long.
Me and my Fiancee may have to file either a proposal or bankruptcy. Our major concern is with our vehicle. If we filed bankruptcy is there anyway way we can keep our vehicle. The vehicle is the only way my fiancee can get to work (there is not bus routes close and it is too [...]
