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What happens if your income changes after filing a Consumer Proposal
2010-04-10
I would recommend that when you are seeking to retain any business that you are not familiar with, that you check with the Better Business Bureau. They would be in a position to give you a better idea as to the status of this company. Or perhaps a search on the internet may provide some information. Be careful about any penalties of wanting to get out of this mortgage early. Being that you locked in 2 years ago when the Calgary market was at a peak, you may have a payout penalty on the mortgage. If you do, these can range anywhere from 1-3 months interest to several thousands of dollars ($20,000+). Good luck with the sale. Donna Carson, CGA, CIRP, Trustee Calgary and Central Alberta regions.
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Learn how to plan, save, and budget for a vacation that fits your finances and avoids costly credit.
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More Canadians are facing financial pressure. Learn why seeking help with debt is a sign of strength, not failure.