initial consultation with DSAI
carefully reviewed her
financial situation with Estate Administrator, Jason Sklar
- the highlights of which were:
discussed all of her
was relieved to find out that a Consumer Proposal would:
stop the collection calls,
debt load, and
NOT put her
Working with Jessica, Jason prepared her Consumer Proposal, which DSAI then registered with the Office of the Superintendent of Bankruptcy; presented the terms to her creditors; and received creditor acceptance.
's Proposal was to run for 60 months, during which time she
would pay $275/month to DSAI
, who would distribute the payment in accordance with the Proposal.
At the end of the 60 months, if Jessica
honoured the agreement, she
would be freed of the debts covered by the Proposal (excluding the Student Loans*).
suggested the couple create an extremely-limited budget for their wedding and stick to it.
Past experience had shown Jason
that couples who began their marriage in a financially responsible way and continued to keep a family budget, stood a better chance of financial success.
did not receive an invitation to Jessica
's very small and budget-wise wedding - he
heard all about it at their next credit counselling session.
During that meeting, Jessica
also shared details on the family budget her
new husband had set up and were following.
At the end of 60 months, having honoured all the terms of her
was released from the unsecured debt covered by the Proposal (except the Student Loans*).
husband were then able to move on to the next phase of their marriage - confident in their ability to manage their finances.