Bankruptcy Articles - Archive: September 2010

Under what circumstances are you able to keep your car when you file for bankruptcy. I need mine to travel back & forth to the hospital for medical reasons. Posted from: Newfoundland and Labrador

If your married but the debt is your before marriage and want to go into debt repayment or bankkruptcy do you have to include your spouce..how does it effect spouce if does not have bad credit? Posted from: Alberta

We defaulted on our credit cards, line of credit. The bak sued us and won a default judgement. theya re now trying to garnish my husbands wages… can we still file for bancruptcy and have these debts delt with ? Posted from: Ontario

My wife declared bankruptcy about 10 yrs ago and I about 25 yrs ago. Can we do it again, and will we have to make a monthly payment to creditors still? Or can we be absolved of our debt totally? Posted from: Ontario

I am considering bankruptcy and need to know if my children`s RESP`s will be taken. Posted from: Alberta

My former husband`s business went bankrupt in the early 80`s. Because my name was on the business as well we both had to file bankruptcy, both business and personal. After the discharge I checked my credit record and the bankruptcy was never noted on my file. Due to unfortunate circumstances, I find it necessary to [...]

My common law girlfriend is about to go through a bitter child support fight with her ex. if she wins she will be entitled to a possible substantial sum of money. As it would be considered household income would I still be penalized for it? Also would it automatically extend my bankruptcy? amount would be [...]

I went bankrupt 20 years ago and now I`m in a tight spot where I might need to go again would I pay for 9 months or 21 ? Also would I loss my house if the was no equity in the house? Posted from: Ontario

Will the RESP`S that are set up for my daughters be affected? Are student loans taken care of by claiming bankruptcy? Thank-you Posted from: Ontario

Hello, Is there a difference between Filing for Bankruptcy and Declaring Bankrupcy? Does Filing for Bankruptcy automatically put you in to a Bankrupt status or does it only start the process? Any help or direction is greatly appreciated! Posted from: Ontario