my common law and I owe CRA about $60,000. We simply cannot keep up with the previously agreed upon payments, and even if we could they aren\’t even touching the principal.
Now CRA is saying that these payments are no longer good enough and they are going to start garnishing wages and writ our home.
No I have a brother who is willing to lend us some money, but how much would the goverment accept to clear the debt without doing a formal proposal?
We have a membership to a vacation club (not a timeshre) that is supposedly tranferable (sellable). We have large numbers of airline points. What is the status of these in a consumer proposal?
Under a consumer proposal are there any assets that can be retained for example jewellry, coins, silver?
In filing a consumer proposal can I keep my vehicles? One has a loan secured against if for most of its value the other is a leased vehicle with no equity.
Wha happens if I file a consumer proposal or a bankruptcy and have troubles paying my monthly payments to the trustee?