Bankruptcy Articles - Archive: January 2008

I have an outstanding payday loan with a company in ontario (where I reside). I informed them that I will be filing for bankruptcy and I was told that I signed papers waiving all rights to include their loan in any bankruptcy. I was told by my trustee and I see on this blog that [...]

Can my parents buy or lease a car for me to use after I file for bankruptcy before I am discharged?

What happens if you use your credit card within the month prior of filing for bankruptcy. Does the trustee need to know immediately or is the amount included in the total regardless of when it was charged? I have excellent credit with this company and I am no where near the maximum limit for credit.

This website lists the allowable income as $1755 for 2006. What is the amount for 2008? I`m researching for a friend who is seperated and paying $1000/month child support. Is there any consideration made for additional expenses (ie, clothing, lessons, organized sports. etc) that he pays for the children over and above the amount of [...]

Three of my sons purchased a… Any suggestions/comments would be greatly appreciated.

rent not paid and lessee is declaring bankruptcy Would you please tell me if the landlord is a secured creditor

I am in a position that I need to claim bankruptcy but in recent months I have become married and at times my husband has deposited money into my account so I could pay some of his bills through telephone banking.Will this negatively affect me? ….even though the money clearly shows going out to bills [...]

We have an ageing parent, he added my sister and myself to his bank account with signing power . My sister is haveing finacial problems and is considering bankruptcy. Would my fathers account be at risk?

Hi, It might be a stupid question but if I declare bankruptcy will I lose all my airmiles that I have colected over years with my credit cards.

I was told a recent home sale, the proceeds goto the creditors. But what if it was a long time ago – a couple of years. Could you clarify what is the rule on this time frame?