Sentences with phrase «in a consumer proposal if»

To reiterate: A former student's student loans, if less than seven years old, will only be discharged in a consumer proposal if the student lender specifically votes in favour of the proposal.

Not exact matches

The proposal includes the potential for the border tax adjustment, which, if implemented in the oil sector without exemptions, would raise oil prices for US consumers relative to global consumers.

The proposal met with a record number of comments, with a number of health insurance groups expressing concern that the short - term plans will undermine the health exchanges by siphoning off younger, healthier consumers who will no longer face a penalty if they enroll in non-compliant plans in 2019.

Iconic brands White Wings, Wonder White and MeadowLea could become consumer staples in Asia if Goodman Fielder and its shareholders convince $ 18 billion Singapore - based oils trader Wilmar International and Hong Kong investor First Pacific to sweeten a $ 1.8 billion takeover proposal.

To help you decide if a consumer proposal is the right option for you, we've provided some answers to the most frequently asked questions we receive about consumer proposals in Canada.

And I think you made a key point there and that is if you're considering filing a consumer proposal or a bankruptcy the phrase you used is your credit is already in the ditch meaning you've already got bad credit so saying oh I'd really like to preserve my credit, I don't want to go bankrupt, well, wait a minute, you already are in bad shape.

If you're considering filing bankruptcy or a consumer proposal, the best source of information is an expert in personal insolvency....

If you feel making a consumer proposal in Ontario is the right debt solution for your debt problems your next step is to speak with a Licensed Insolvency Trustee.

If you would like more information about consumer proposals in Greater Vancouver or need help figuring out if you qualify, a simple next step is to get in touch with Westgeest & Associates, your gov» t Licensed Insolvency Trustee, for an individual, private conversation, assessmenIf you would like more information about consumer proposals in Greater Vancouver or need help figuring out if you qualify, a simple next step is to get in touch with Westgeest & Associates, your gov» t Licensed Insolvency Trustee, for an individual, private conversation, assessmenif you qualify, a simple next step is to get in touch with Westgeest & Associates, your gov» t Licensed Insolvency Trustee, for an individual, private conversation, assessment.

If accepted, you make payments to Hoyes, Michalos (the Consumer Proposal Administrator) who in turn makes payments to the creditors according to the terms of the consumer pConsumer Proposal Administrator) who in turn makes payments to the creditors according to the terms of the consumer pProposal Administrator) who in turn makes payments to the creditors according to the terms of the consumer pconsumer proposalproposal.

If you're unsure whether your debts are joint or you're wondering how a joint bankruptcy or consumer proposal process works, contact a licensed Trustee in Bankruptcy to review your situation and discuss all of your options.

A consumer proposal is often the safest, lowest cost debt consolidation option if you are dealing with more than $ 10,000 in debts and are struggling to keep up with your monthly payments.

If you don't qualify for a debt consolidation loan, or can not afford to repay your debts in full, talk to us about a consumer proposal.

Jason Quinney: Well, if you fall three months in arrears, so if you fall three months behind in payments in a consumer proposal, then the proposal's automatically annulled.

If you've failed to pay bills, have too much debt in general or have gone through bankruptcy or consumer proposal, then you will have a low credit score.

What that means is that if you have ceased to be a student for at least 7 years then your student loans will be included in either a bankruptcy or consumer proposal and will be forgiven.

In order to file a consumer proposal, you have to prove that you are insolvent — if you are not insolvent, you are not eligible to file a consumer proposal.

If all of our suggestions were adopted, the cost for counselling in a five year consumer proposal would increase from the current $ 192.10 ($ 170 in fees plus $ 22.10 in HST) to $ 593.25 ($ 525 in fees plus $ 68.25 in HST) if all of the sessions were performed in persoIf all of our suggestions were adopted, the cost for counselling in a five year consumer proposal would increase from the current $ 192.10 ($ 170 in fees plus $ 22.10 in HST) to $ 593.25 ($ 525 in fees plus $ 68.25 in HST) if all of the sessions were performed in persoif all of the sessions were performed in person.

If you can't afford to repay your debts in full, the fourth option is a consumer proposal.

If they are lucky enough to be working in their profession, a teacher's higher income level means that a consumer proposal to deal with student loans is a good option.

In most cases, if you have equity in your house, a consumer proposal is a better option, since you can make a plan with your creditors to make payments over a period of time as long as 60 months so that you can keep your housIn most cases, if you have equity in your house, a consumer proposal is a better option, since you can make a plan with your creditors to make payments over a period of time as long as 60 months so that you can keep your housin your house, a consumer proposal is a better option, since you can make a plan with your creditors to make payments over a period of time as long as 60 months so that you can keep your house.

And 13 % is actually a pretty big number because in Canada a student loan only automatically gets discharged or goes away in a bankruptcy or a consumer proposal if you've been out of school for more than seven years.

If you have debts, but are not sure about how an overpayment or any other debt will be treated, send us an email — we'd be happy to answer your questions about how they will be treated in a bankruptcy or consumer proposal.

If you have credit card debt and want to know how it could be affected by bankruptcy or a consumer proposal contact a local Trustee in Bankruptcy to book a free consultation.

If you are considering filing a more formal debt relief option, your bankruptcy trustee will ask you about your debts in order to help you decide whether bankruptcy or a consumer proposal make the most sense for you.

And in a lot of cases well if they'd come in and, you know, for example filed a consumer proposal and dealt all their debt, their income is sufficient to pay their living expenses.

If you have been in debt for a long time, a consumer proposal or bankruptcy may be the fastest way to rebuild your credit score as it stops all interest and allows you a fresh start with your finances.

If your mortgage payments are current and on - time, you should be able to renew your mortgage with your existing lender while you are in a consumer proposal filing.

What this means is that if you work in Alberta for 6 week shifts, but you live in Windsor, Ontario, you would file your consumer proposal in Windsor.

And we'll honestly tell you if alright you're in enough trouble that maybe we should be looking at something called a consumer proposal or perhaps even personal bankruptcy.

Debt consolidation doesn't have to be complicated, if you're dealing with bankruptcy, consumer proposal, and debt consolidation experts in Maple Ridge.

If your overall debt is down to a $ 2,000.00 credit card bill it would seem that careful budgeting would be a better solution then filing an assignment in bankruptcy or filing a consumer proposal.

If they expect to get 10 cents on the dollar in a bankruptcy but you only offer them five cents on the dollar in a consumer proposal, there's not much chance that they'd go for that deal.

What's more, if you've recently completed a consumer proposal or bankruptcy, convincing a landlord to let you rent in the... Read more»

Doug Hoyes: Because I mean as you said with respect to your credit rating well, when you do a consumer proposal your credit rating will not be as good as if you paid all your debts in full and had a million dollars in the bank.

So, what are the things that I as a bankrupt person would have to do in a bankruptcy that I wouldn't have to do if I file a consumer proposal?

So if you have $ 50,000 in debts that are more than you can ever hope to repay, and an RRSP with savings accumulated from before the past year, a consumer proposal or bankruptcy may be a good option.

If that payment is more than you can handle, perhaps a Consumer Proposal could be an option — on that same $ 30,000 in debt, it's possible a consumer proposal could be set up with payments of as little as $ 200 per month for just over fouConsumer Proposal could be an option — on that same $ 30,000 in debt, it's possible a consumer proposal could be set up with payments of as little as $ 200 per month for just over fouProposal could be an option — on that same $ 30,000 in debt, it's possible a consumer proposal could be set up with payments of as little as $ 200 per month for just over fouconsumer proposal could be set up with payments of as little as $ 200 per month for just over fouproposal could be set up with payments of as little as $ 200 per month for just over four years.

Well okay, if I'm bring in $ 2,300, $ 2,400, $ 2,500 a month, rather than paying $ 1,000 on a debt consolidation loan to pay $ 200 or $ 300 a month on a consumer proposal, that sounds like it makes sense.

What happens if you were employed when you signed up for consumer proposal, and now unemployed and have no money coming in?

If you have been unable to negotiate a reasonable repayment of your student loans on your own, it may be difficult to find a monthly payment in a consumer proposal that your creditors will accept and that you can afford.

Even if the limitation does apply to you and your student debt can't be included in a bankruptcy or proposal, there may still be reasons to file a consumer proposal or personal bankruptcy.

If you can't repay the debt in full, an alternative and better option may be a consumer proposal.

In a consumer proposal you are paying a set amount, so if you pay it faster, the proposal ends sooner.

Finally, consumer proposal and bankruptcy will greatly impact your score which can stay on your report for up to 7 years if real estate was involved in the case of bankruptcy.

If however your income is above the surplus income threshold, or you have assets that you might lose in a bankruptcy, then a consumer proposal may be a better choice.

If you're unsure whether or not you qualify to file a Consumer Proposal, a Licensed Insolvency Trustee will meet with you in person, at no charge or obligation to discuss your debt options.

Creditors will only accept a consumer proposal if you offer them more than what they would receive in a bankruptcy.

If you considered a consumer proposal as a way to save your home make sure you keep your current mortgage lender happy and discuss in length what debt you should or should not include.

If you can not pay more than the minimum, or if your debts have gone to collections and you will not be able to pay them in full within the next five years, you may want to consider a consumer proposaIf you can not pay more than the minimum, or if your debts have gone to collections and you will not be able to pay them in full within the next five years, you may want to consider a consumer proposaif your debts have gone to collections and you will not be able to pay them in full within the next five years, you may want to consider a consumer proposal.