I've been working with another property management company for over a year. I regret it, because I had a good profile, but due to a lack of time and knowledge, I went along with it. But now, I'm stuck with my proposal. I earn a good salary and should even get a raise very soon. I want to solidify my proposal and resolve the other issues, and then I'll be happy.
If you want to get out of debt, your best option would be to take out a loan that allows you to pay the full amount, with the help of a guarantor. Without a guarantor (a third party who makes a joint commitment with you), it's unlikely you'll be granted such a loan.
However, before involving a third party in your situation (often a relative or friend), make sure you can repay the loan; otherwise, you'll drag someone else into your financial difficulties.
However, before involving a third party in your situation (often a relative or friend), make sure you can repay the loan; otherwise, you'll drag someone else into your financial difficulties.
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?