Consumer proposal before joining

[CivJuniorProgrammer]

my recruiter told me if I do have any outstanding debt the army will want to see a consumer proposal done through an LIT (License Insolvency Trustee). Has anyone gone through this process? if so how long did you have to work a regular/min wage job and make consistent payments to show your recruiter if and when the consumer proposal was agreed upon by your past creditors?

 

[da1root]

Please note my advise does not override anything your CFRC told you.

You should try to clear your debt without doing a consumer proposal, if possible. During a consumer proposal most LIT's will advice you to stop paying your debt, which means if one of the companies refuses the CP offer that you will be forced into a bankruptcy situation. This will delay your ability to join the CAF. I'm honestly a little surprised that a recruiter would tell someone to do consumer proposal, when I did my recruiter course many moons ago we were informed that we weren't allowed to give financial advise.

 

[CivJuniorProgrammer]

Please note my advise does not override anything your CFRC told you.

You should try to clear your debt without doing a consumer proposal, if possible. During a consumer proposal most LIT's will advice you to stop paying your debt, which means if one of the companies refuses the CP offer that you will be forced into a bankruptcy situation. This will delay your ability to join the CAF. I'm honestly a little surprised that a recruiter would tell someone to do consumer proposal, when I did my recruiter course many moons ago we were informed that we weren't allowed to give financial advise.

Yeah I just finished college have mostly student loan debt and some income tax also from college which I've defaulted on while in college most recently so I'm damned if I do and damned if I don't. There's no way I'm clearing 29k of debt before I join but right now with the payments they are asking for. A consumer proposal is a step better then bankruptcy and I'm running out of options working a minimum wage job will not allow me to pay the debt amount I owe in the monthly payments they are asking for.