NWT Bankruptcy, Bankruptcy Filing in Northwest Territories
October 18, 2019 3:42 amNWT Bankruptcy In 2013, there is evident progress in the consumer debt of Canada. This is perceived in the Northwest Territories and the rest of...
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CONSUMER PROPOSAL EXAMPLE
Example Unsecured Debts
| 1 | Personal loan | $8,000 |
| 2 | Credit card 1 | $6,812 |
| 3 | Tax Debts | $5,399 |
| 4 | Overpayments | $5,200 |
| 5 | Overdraft | $700 |
| Total Owed | $30,204 | |
Your Monthly Repayments Would Be
Before
a Consumer proposal $748
(total contractual repayments)
a Consumer proposal $748
(total contractual repayments)
After
a Consumer proposal $295
(total contractual repayments)
a Consumer proposal $295
(total contractual repayments)
Reduced by
60%
60%
* Subject to creditor acceptance
* Payment subject to individual circumstances
* Credit rating may be affected
* Fees apply, subject to individual's circumstances.
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Trading Address: 1918 St.Regis, Dorval, Quebec H9P 1H6, Canada
Debt Solutions Subject to conditions and acceptance. Credit rating may be affected. Repaying debt over longer period may increase the total amount to be repaid. Fees payable if continuing services provided. Alternative free-to-consumer debt advice organisations as recommended by the Office of the Superintendent of Bankruptcy. *You may be required to pay a contribution towards your debts. This contribution is assessed based on your income and expenditure and can last for 60 months or longer.
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