Alternatives to Bankruptcy Articles - Archive: 2008

I owe $22,000 and have no assets that I can offer to pay back my debts. I quit my job. One of my freinds recomended a proposal or a bankruptcy when I asked him for a loan. Can I offer to pay $500/month for one year only (it will amount to 27% of total debt) [...]

My sister is in financial trouble so the question is the house she lives in , the mortage is split 3 way what should she do. Posted from: Ontario

Who provides the loan to consolidate the debt….for collateral can one use a death insurance policy which could be signed over to the lender? Posted from: British Columbia

My husband is leaving and moving out west I am 63 have about 9000.00 credit card debt and have no money to pay them I get my pension of 276.00 monthy and have been paying them but cannot anymore as I may have to go on Social Assistance…what can I do…. thanks Bunny Posted from: [...]

I am 37 years old and have simply been very bad in the past with credit cards. I find myself not being able to get any cards due to bad credit… I have not filed taxes for a few years because I did not have any money to pay what I owe anyway -and of [...]

We bought our house in a different community than I work. Over the last three years we have created a very high debt load (65000) We had had to move back to the city where I work, and have rented out house for less than our mortgage. The market value is less than our commitment [...]

what can i do to take care of a business loan and credit card debt, with no collateral, and no co-signer? Posted from: Ontario

—Can an individual file an assignment on unpaid loan to CMHC —-is CMHC a Federally owned and operated organization? Posted from: Ontario

my divorce has left me struggling to keep my head above water. my line of credit and credit card is maxed. i used them to pay legal costs. and became unemployed so it helped me to live and pay bills until i found employement. i am embarrassed to even consider bankruptcy. but as the days [...]

I had a business that incurred $32000.00 of unsecured debt. The business has not been active for approx 4 years now. I have been making minimum payments on this debt out of my own pocket because I was afraid my personal credit rating would be tarnished. I can not see an end in sight for [...]