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Will I Lose my House, Vehicle or other Assets if I File a Consumer Proposal?

Will I lose my house, vehicles and or other assets if I file a Consumer Proposal?

lose assets when file consumer proposalThese assets remain your property.

The lender usually takes some form of security such as a mortgage, to secure the amount you owe in the event that you do not repay the loan.

Related articles

  • What Types Of Debts Can Be Included In A Proposal?
  • What Assets I have to disclose filing for Bankruptcy or Consumer Proposal?

Lloyd, I just wanted to thank you for taking the time to meet with me today. You have given me a lot of information to digest and discuss and it has really given me some hope for our situation.

J.H. (Toronto)

 will i lose my house vehicles and or other assets if i file a consumer proposal?


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