Alternatives to Bankruptcy: Pros and Cons of Each of Bankruptcy Alternatives

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Alternatives to Bankruptcy Articles - Archive: April 2009

The latest questions on bankruptcy alternatives, with our experts' responses:

My spouse and I received a letter of for closer, the mortgage is about $60,000, and a line of credit for $63,000, the pay out is $127,000. The property is worth $170,000. What are our options to keep from loosing the house/property? Posted from: Manitoba

Posted on Wednesday, April 15, 2009
box listanswered by Questions @ 5:42 pm 1 Comment

what would be better a consumer proposal or bankruptcy? the bank froze my account because i owe CIBC Visa about 8000.00, i also owe 14000.00 to TD visa and 19000.00 to PC Master card. would appreciate any suggestions. Posted from: Saskatchewan

Posted on Monday, April 13, 2009
box listanswered by Questions @ 2:50 pm 1 Comment

If I file for a debt management program, does it show up that i did so on my credit report? Does it affect my credit rating/score? Its important for future job oppportunities that may do a credit check (becoming very common these days). Posted from: Ontario

Posted on Wednesday, April 1, 2009
box listanswered by Questions @ 8:04 am 1 Comment