I'm about to file a consumer proposal and I have two questions: I have one last credit card (out of seven) with a low limit ($2,000) that I want to keep because I'll need it for my job as a sales representative. Is that possible? I'm filing the proposal around December 15th and I'll receive a year-end commission of approximately $4,000 in my bank checking account around December 30th. Will I be able to withdraw this amount as I wish, without having to justify my withdrawals afterward?
It is unlikely that the card issuer will allow you to use the card after you file your proposal. This could lead to embarrassing situations, such as having a payment refused in public.
Your trustee will prepare your proposal taking into account all your assets, including this $4,000 payment, which is part of your income.
Your trustee will prepare your proposal taking into account all your assets, including this $4,000 payment, which is part of your income.
Questions reliées
- A few months ago, I bought a new car, financed by the bank. My partner signed the loan agreement, and I was the co-buyer. If I sign a consumer proposal, what impact will it have on the loan? I don't want my partner to be disadvantaged.
- Can I consider the consumer proposal even if I am receiving unemployment insurance benefits (I have the maximum benefits)?
- Can my spouse and I submit a proposal at the same time? We have approximately $115,000 in debt. Can we also include our line of credit and credit facilities in this proposal? My mortgage renewal is due next year: could the financial institution refuse me?
- Does making a consumer proposal impact our job prospects? To work for the government, applicants are required to sign an authorization to check references, criminal record, and credit before being hired.
- For the past few years, the provincial government has been garnishing my wages. After all this time, I'm at my wit's end. However, I'm indebted to friends and family. I also owe Hydro-Québec, Mastercard, and now the federal government is demanding over $4,000, which will result in another wage garnishment. I'm in debt and I couldn't pay my rent this month. Can I include my unpaid rent in my consumer proposal since my landlord has gone to the Régie du logement (Quebec Rental Board) and the next month is coming up and I won't be able to pay it?