Bankruptcy Articles - Archive: September 2009

We were served foreclosure documents,and are wondering how long it will take before we have to move out? we are not going to keep the house, so how long to get an order and time period? thanks Posted from: Northwest Territories

Me and wife have joint about $80,000 of combined unsecured loan,a joint $30,000 of secred loan. I have another $60,000 of unsecured loan on my personal name ,the total equity in my house is around $80,000 and I am leasing a car (don’t own it). My gross yearly income is $90,000 and my wife gross [...]

I live of 600.00 per month and still get garished 50% for child support but my youngest is 17 and my oldest is 24. If I declare bankruptcy will they still garish my income Posted from: Ontario

I`am a self employed businessperson planning to file for bankruptcy. I have few assets the biggest being the RESP that I had kept for my 14 year old daughter. The plan has been in existence for 10 years. My total contributions amount to 11000 dollars. The plan has about 27000 dollars due to good investment [...]

What if your a second time bankrupt and it`s been over 10 years since the automatic discharge? Do you still need to bring the final statement and receipts and disbursements? Thanks Posted from: Ontario

I am considering bankruptcy and have a old co-signed student line of credit from my parents along with other debts. If I file, I know they will be held responsible for the debt but I do not want this and I also do not want them find out about my bankruptcy. Is there any solution [...]

What happens if you sold the properties before the bankruptcy? Posted from: Ontario

What do you need to prepare for your court date in 2nd time bankruptcy? Posted from: Ontario

Re: What happens to my income tax refunds, do they go towards the payment of fees? Gst cheques, do they do the same? Posted from: Alberta

I have a guitar amplifier valued at over $1000 that I need for paying band gigs. Because it is a tool that can provide income for me, would it still be taken away upon bankruptcy? Posted from: British Columbia