Will I lose my house, vehicles and or other assets if I file a Consumer Proposal?
These 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.
Regards,
J.H. (Toronto)
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