Bankruptcy Articles - Archive: January 2006

I am living with my husband and want to claim bankruptcy but he doesn’t want to claim. Can I do this on my own without him according to Ontario law?

I filed for bankruptcy last January 2004 and was discharged on Dec 2004. I just recently got my secured visa as a steping stone for rebuilding my credit. I am planning to invest thru mutual funds every month, but not sure if this would be a great idea. I am afraid that the Trustee and [...]

I declared bankruptcy in 91 and it has not shown up on my financial records for years. Now I am out of work and have a lot of debts and my only way out is to declare bankruptsy again. If this first one no longer shows up on my financial records do I still have [...]

I am 1.5 years into a 3 year mortgage. I lost my job several months ago, and am considering bankruptcy. My question is, if I declare bankruptcy now, or enter into a consumer proposal, or debt-repayment plan, how may each of these options impact me when my current mortgage is up for renewal?

I have been receiving a number of calls from collection agencies .I have 5 collection agencies calling everyday .I am sick of answering and tellimg them the exact same thing everyday .They threaten to take me to court and I say fine.I live in Nova Scotia .I am not a lawyer but I found this [...]

Is it true that collection agencies follow different rules when they are trying to collect from a defaulted student loan than when they are collecting for a credit card debt?

If I just recieved a new credit card (1 week), and it is already at it’s limit can I still claim bankruptcy? Is there some sort of law in place to stop people from racking up credit cards and going bankrupt the next day? Thanks in advance!

i am the power of attorney for my mother. Currently, she is depressed and suffers from a history of other medical problems. She is on heavy medication, and currently her doctor has suggested she take a year off work. She is self-employed and we are not sure if her insurance company will consider her ailments [...]

I have been discharged for 3 years now and I have done all the right things, I got a secured credit card, I even got a small loan through a finance company and paid it off, my beacon score is now 625 but I would like to get a small rrsp loan to try and [...]

This may sound like a stupid question but I am going to post it anyway. Here is the scenario. At the onset of Bankruptcy my wife was employed and I was a student travelling away from home 3 days a week to further my education. I was also registered as a supply teacher. My wife [...]