Archive for 2007

Hello, I need your help, I currently owe 82000 in unsecured and secured debt. This 82000 includes a secured loan on my car. I am not over 75000 on unsecured but when you combine both I am. I am about 64000 in debt with unsecured visas and credit lines. Is […]

I have a 34,000 secured loan, co-signed by a friend (his assets are the security). Does bankruptcy or filing a consumer proposal make any difference in this obligation, as I do not wish my friend to be stuck with this debt and would prefer to keep paying on it even if I go bankrupt […]

I`m a Federal Gov`t employee and have filed for personal bankruptcy. My supplementary death benefit will go to my brother (I signed him as beneficiary 5 years ago). Can the trustee take that benefit which I`ve assigned to my brother?

If I were to follow all of the rules as outlined by the trustee concerning the bankruptcy process, would I be protected under the law such as FIPP to not have my employer and /or landlord advised and/or contacted for any kind of information specific to the bankruptcy? Or by declaring bankruptcy do I automatically […]

Good day. I have a secured car loan with 24 month term remaining. Unfortunately, I will be filing for a consumer proposal or bankruptcy in 2008 as my overall debts are becoming unbearable.
My car is worth about $6000 but it`s very reliable and I would like to keep it. Would […]

Please clarifi the number of years allowed after the sale of a home, to apply for protection ?

I have renegotiated my mortage at 95% to pay some debt ,as a result i have no equity left in my home,is it possible to keep my home if i declare bankruptcy. My mortgage payments are up to date, live in Ontario
thanks

Hi there. In 2006, I purchased my wife`s engagement ring & wedding band on a credit for approx $2,000. I had paid off the card but have over extended on my credit again. My overall debt is becoming unmanageable and I am contemplating bankruptcy.
I know one question a trustee asks […]

Hi, can you please tell me how much it will cost me to consult someone about the Debt Management Plan. Does a Consumer Proposal cost me also? Thanks

I just filed for bankruptcy after trying for a proposal but one of the creditors denided it. I recently found out I may receive a couple of thousand dollars from my grandmother, who has since passed away,do I have to let my trustee know about this? Do I have to accept the inheritance or can […]