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Brandon Blog Post

CONSUMER PROPOSAL PROCESS FOR LOTTERY WINNERS? BUT WHY?

X bankruptX BankruptcyX bankruptcy alternativeX financial planX Ira Smith TrusteeX living paycheque to paychequeX lotteryX powerballX trusteeX consumer proposal processConsumer proposal process for a lottery winner? Why?

Here’s a headline I’m sure you all remember – Three winners of the $1.586 billion Powerball jackpot. Here’s a headline you may have missed – The odds are that the US$1.5 billion Powerball winner will end up bankrupt (and if a Canadian, possibly a consumer proposal process).

Call a Trustee Now!