Comments on: bankruptcy vs proposal http://www.bankruptcy-winnipeg.com/uncategorized/2006/11/bankruptcy-vs-proposal.html Just another WordPress weblog Sun, 03 Apr 2011 17:04:22 +0000 hourly 1 By: J. Douglas Hoyes, CA, Trustee http://www.bankruptcy-winnipeg.com/uncategorized/2006/11/bankruptcy-vs-proposal.html/comment-page-1#comment-2 J. Douglas Hoyes, CA, Trustee Tue, 19 Dec 2006 13:30:53 +0000 http://www.bankruptcy-winnipeg.com/?p=9#comment-2 In a bankruptcy you do lose some of your assets, and you are required to make a payment each month to the trustee, which increases as your income increases. Therefore, if you have assets, or have significant income, a proposal may be a better option.<br/><br/>I suggest you <a HREF="http://www.bankruptcy-winnipeg.com/winnipeg-bankruptcy-trustee-offices.htm" REL="nofollow" rel="nofollow">contact a licensed trustee</a> to fully explore your options. In a bankruptcy you do lose some of your assets, and you are required to make a payment each month to the trustee, which increases as your income increases. Therefore, if you have assets, or have significant income, a proposal may be a better option.

I suggest you contact a licensed trustee to fully explore your options.

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