Alternatives to Bankruptcy Articles - Archive: 2008 Page 2

I am married and we have one child (2 year old) and I got debt ($150,000) doing small business We have joint mortgage will I lose the house if I file of bankruptcy or consumer proposal and what is the best option? I am also staring new job with crown cooperation/government will I lose the [...]

I`m in default of my mortgage and was wondering if I have to file for bankruptcy if my lender forecloses on my house. If not, what kind of impact will a foreclosure have on my credit rating? I realize it will have an impact on my credit rating, but was wondering if it would be [...]

Sir, I am in deep trouble and I hope you can give me some professional opinion. I am going to walk away from my debts because I have very little income and have no assest. I still have $9000 in my rrsp account in the same bank I owe money. Is the money in rrsp [...]

Hello, I opened a marble business in the Windsor Ontario area a year ago. As we all know this is a very depressed area for business and I cannot continue the business. Here is my problem. What do I do with 25 tons of marble? I don’t have any credit and I have borrowed from [...]

My father in-law has a mortgage. He has a huge credit card balance of fifty thousand dollars. But is unable to pull the home equity out with out a cosigner. He has asked me and my husband, but we really do not want to take on that burden. What are his options Posted from: British [...]

I have not paid one bill late so far but I am approx 60,000 in credit card debt. My husband works and I am still receiving an income from sick benfits and plan to return to work soon. I need to do something soon before this credit card debt gets any higher. Many months I [...]

how does a trustee or creditor find out how much ones house is worth if one desides to file for bankruptcy?, and if one has land that the house sits on, is it just the first 5 acres that is of concern when it is time to sell or is it different when one files [...]

hi, 2 1/2 years ago i co-signed for a car loan. the person is no longer making his car payments. my husband and i bought a condo 6 months. i am a stay at home mom, and cannot afford to make the payments. the car i cosigned for was totaled in a car crash and [...]

My wife and i have about $90,000 in unsecured debt….. Thank you in advance for your answers Posted from: Ontario

If wages are being garnished and the debtor goes on medical leave does the garnishment stop? What options are left for the creditor? Posted from: Ontario