Archive for 2005

My ex-husband and I have been seperated for 4 yrs. The divorce was finalized in March 2005. Unfortunately, the divorce did not deal with any matrimonial property. He essentionally walked out on all the matrimonial debt, including the mortgage on the home we purchased in June 1999. I have paid all of our matrimonial debt, [...]

Our situation is also very complicated. 2 years ago , my husband began a business building homes, shortly afterwards , I was diagnosed with breast cancer, had to stop work . Due to my sickness at the time, my husband had to take care of me and placed a contractor in charge while he did [...]

My father passed away last week at 67 yrs old (but was working full time). I am the excecutor of his will. He basically owes approx. $90,000 to various credit institutions (banks,credit cards).My mother is retired and is receiving a variety of pensions ie. C.C.P., old age etc. She cannot keep up with the payments [...]

I am in the process of paying my debts through a credit counselling service . I have made payments for 2 years with 3 more to go.I have paid 20,000 dollars of the 60,000 original debt. I earn $1800 a week . One third of my salary goes to the service. This leaves me with [...]

I have student loan debt, consolidation debt, and credit card debt and I am presently not employed and do not qualify for unemployment. Can I file bankruptcy?

My situation is complicated. Six years ago my spouse and I seperated. Within hours I was voted out as a director of our limited corporation although I did remain a partial owner. Because I was not a director, I was unable to have any influence on financial or legal decisions made by the company. My [...]

I got divorced about 5 years ago and received approx $168,000 as my divorce settlement. I purchased a house outright with all the money. I immediately met a man and became pregnant. I sold my house and moved in with him into his rented accomodation. He gave up work. I paid the rent and all [...]

I have been self-employed for over 15 years and through out those years i managed to save about $75 000 in RRSP (segregated fund, insurance company with my daughter as beneficiary). I have become ill in the last year, and I am forced to close my business as i can no longer work or afford [...]

My agency has lost funding an i may be getting severance pay. Am I entitled to keep this money under personal bankruptcy? I may not be able to collect Employment Insurance for a while because of the severance pay.

Over the last 6 month serious health issues have led to the part time hours of our business resulting in major finacial issues both business and personal. We are trying to sell our house hoping to cover a portion of debts still owed. We have a cottage that we sold 4 months ago and that [...]