James had made a consumer proposal (Division II) to his creditors. He wanted a reduction and extension of time for the payment of his debts. A formal meeting was not requested by any of the creditors. Now the administrator must

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The administrator must notify and file the document with all creditors, as this is the next step in the process of a Division II consumer proposal. A public notice in the newspaper is only necessary if a meeting is requested by one or more of the creditors. Providing counseling to the debtor and ensuring that all provisions meet Division I rules are not the responsibilities of the administrator in this case. Approval from the court is only required if the proposal is not accepted by the creditors.

James Had Made a Consumer Proposal (Division II) to His