Bankruptcy Articles - Archive: January 2009

I have been told that my debts are just too high and that Bankruptcy would be the best way to move forward. The issue is that I bought a house with my Common Law Wife six months ago and we broke up three months later. We are both on the mortgage and she has quite [...]

Some months a person receives three paycheques instead of 2, during these months that person would have surplus money. If you owe back childsupport, would this be paid first or would the surplus go to the trustee? Posted from: Nova Scotia

I am 50 years old and have moved in with my mother (sister also lives here). I have a small room, bathroom and kitchen. I am considering bankruptcy, but concerned with my living arrangements. Although my mother makes a pension and my sister a small income — this in no way benefits or affects me. [...]

I would like to know why my family is being categorized as a family of 2 when I’m pregnant and my husband and I are practically supporting 3 people in total. Posted from: Ontario

what are the rules regarding going bankrupt 3 times? went bankrupt twice years ago due to marital breakup etc. I now find myself swamped with credit card debt and other loans and mortgage. it took 14 years for the second one to come off of my credit report. will I ever be discharged for a [...]

If I am living common-law with my girlfriend. The house we live in is in her name only, and I have to declare bankruptcy, will this affect her and her home? Posted from: Ontario

Im about to go to court for my discharge, what is the probable judgment the court will apply. Should I hire legal help or a trustee will represent me. Posted from: Ontario

I am currently unemployed and started to receive EI benefits. I am unable to continue with my monthly payments on credit cards(total debt of $23,000 on cards), have a line of credit which I jointly own with my husband of $8800, leased van of $250, and I have two children. Is there such a thing [...]

If I claimed bankruptcy 19 years ago and I have to do it again will the trustee find out or anyone find out that I did it before can I hide the fact that I done this 19 years ago Posted from: Ontario

If I file for bankruptcy will that nullify my 1 year lease on my rental home? We have put in to quit the lease as its become too expensive but the landlord wont allow it. Posted from: Nova Scotia