Home В» we Blog В» Debts You Can and Cannot use in A customer Proposal
You could be wondering if your customer proposition could be the right solution for you to definitely eradicate the money you owe. For most in Ontario, its. As a reasonable payment plan, it allows Canadians to realize credit card debt relief and defense against creditors. a customer proposition is system underneath the Bankruptcy & Insolvency Act that enables you to definitely make a settlement proposition to creditors so long as your financial situation (excluding your home loan in your house) try not to meet or exceed $250.000. In addition just debts that are certain be contained in a customer proposition filing. We have outlined below a list that is complete of debts you can and cannot include in a customer proposition in Canada.
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