Doug Hoyes: And we've talked
a lot about consumer proposals and bankruptcies on this show cause that's my area of expertise.
Not exact matches
We understand you may have a
lot of questions
about how a
consumer proposal filing affects home ownership.
If you have a
lot of assets or a high income, you should talk to your trustee
about a
consumer proposal.
Doug Hoyes: So, the message here is for those types of debts that you just talked
about, a bankruptcy or a
consumer proposal, very quickly stops wage garnishments, and that for a
lot of people is the whole reason that they do them.
Obviously most of the stuff that we post is
about debt so we get
lots of people commenting on how to avoid paying debt without going bankrupt or filing a
consumer proposal.
Guest commentary by Billy Martell, Bankruptcy Trustee and
Consumer Proposal Administrator, Hamilton, Ontario Embarrassment is a common feeling a
lot of people experience when talking
about or dealing with their debt.