Alternatives to Bankruptcy Articles - Archive: January 2008

I opened an incorporated business in 2005, and borrowed 25k for equipment and tools. This business has never produced any results on paper or in real life! I ran into financial difficulty and started working for another company to pay bills. 9 months later I ended up with an injury and got laid of from [...]

My husband and I are currently settling debt that we have and I want to know how badly this will hurt our credit. We have two debts being settled with the same company. We will pay it off in 3 or less years. Will we ever be able to buy another house after this??

Income: $4500/monthly Mortgage: 265,000.00 Total in Credit cards: $100,000.00. Making minimum payments only. Family Members loans: $70,000.00 1st Question: My Job security is unstable. Too tight to continue down this path and reach with all payments. Therefore would like to sell house to brothers and sisters. And they would keep me there on rent only. [...]

I am having a very hard time making ends meet since my seperation.I am thinking of bankruptcy but i would like to know if it is possable to do but at the same time keep my leased car so i can continue traveling to work?Are there other options other than bankruptcy in Montreal that wouldnt [...]

I`m living with a woman in a relationship that I pay her rent every month and I thinking of going into bankrupticy, and would like to know if this would afect her in any way .