Not exact matches
He goes on to say that filing a joint consumer
proposal would be
around half of that cost because you're only dealing with the
debt once.
My consumer
proposal estimated our
debt at
around $ 33,000, which included an estimate of what we'd end up owing once our house sold.
Doug Hoyes: But in a
debt management plan you are paying 100 cents on the dollar, in a consumer
proposal as you said, the average payment is somewhere
around a third.
In a consumer
proposal your payments will average
around 30 % of your total
debts, although that number can be higher or lower, based on your individual circumstances.
Typically consumer
proposal payments result in settling your
debts for
around 30 - 40 % on the dollar.