Alternatives to Bankruptcy Articles - Archive: 2010 Page 2

I have a house that I have been unable to live in since April, 2010 due to a leaking roof making the house inhabitable. My insurance has refused to help. I am still making mortgage payments but the value is about $200,000. The problem would cost at least $50,000 to fix. After repairs the house [...]

Hi, I am a banker and the majority of my debt comes from the bank that I worked for, I wonder if i could be dismissed by my company withe the debt settlement, or consumer proposal plan. thanks. Posted from: British Columbia

I just received a treat for legal action against a credit card debt more than 9 years old with out any payments for aprox. 7 years. With the statute of 2 years on credit card debt, can they take legal acton against me? I am unaware of any judgement agaist me to extend it to [...]

please explain what `judgement` means and how it works Posted from: Ontario

i am 5000 dollars in debt for the past 2 years i have payed it down to 2000 then i get back up again to 5000 im 28 female and i should not have a credit card what can i do Posted from: Ontario

My spouse and I are separating. We have approx. 65,000.00 in joint debt and a house with a mortgage of 180,000.00. It is our only asset. He would like for me to keep the house and the kids. His take home pay is $3600 a month and mine is $2600 a month. What is the [...]

I lost my job in March 2008 (auto industry lay off). I did not find another job yet, my EI was finish and had to apply for Social Assistance ( my only income presently). I haven`t been able to pay my creditors (3). One of the collection agency (DRM) called me and stated if I [...]

Currently going through an DMP @ 1100 a month. Was ok but am splitting with my significant other and can`t see myself continuing with this payment. Have been in it for 1.5 yrs. What are my options for decreasing the debt load and what are the impacts Posted from: Alberta

I am currently making about 60k annual salary (before taxes) I owe about 48,000$ in debts, is my only option to declare personal bankruptcy? Posted from: Quebec

my wife and I are seperating , we have an accumulated debt of $75,000 we have a home with a $256,000 mortgage at 90% of value and also 2 vehicles we owe 18,000 which are probably worth approximately 12,000 is it possible to do a consumer proposal as we have been bankrupt before 15 years [...]