Cost of Bankruptcy Articles - Archive: 2009

what is the total amount each month that you can declare for bankruptcy including house and car payments etc Posted from: Alberta

My current spouse and I own some assets and have all unsecured debts together. we will be seperating soon, how will over bankruptcy costs work. There may be a suplus of income if we considered combined incomes, but definitely not when we are living apart. …so how will this reflect on our discharge time and [...]

Hello. I live in the same house with my mother and I pay her rent $500. I buy my own groceries. Would her income have to be included in my surplus income calculation? Thank you. Posted from: Ontario

I am retired (my wife is unemployed) and my vehicle was repossed. In addition to a car loan, I have credit card debt, personal loans, and payday loans. In total I owe approx $50,000. My set net income is $1400, which just covers my basic living expenses. I have no assets to declare. How much [...]

I have incorporated a business for a year now, thinking that it would grow. I spent a lot of money on tools and supplies. Now I don`t have any left to pay my taxes. It`s about four thousand dollars ($4000.00). If I file for bankruptcy will I lose my credit and such? Posted from: Alberta

I am on social assistance and wonder how much I will be charged for filing for bankruptcy. Posted from: Ontario

I have a question. I am currently living with my mom and I pay half of everything. Such as the rent, food, etc. My mom has a very good government pension, and now works at an insurance company. So she is very well off compared to me. I earn less than $1797 net pay a [...]

hello,i was hit with a letter last week from my work saying i owe 10000 for some furniture i recieved(it ws only 3000)any ways i didnt get a notice to go to court or anything,last night at 7 pm a lady shows up at my door and says `you`ve been served`now this letter states there [...]

My common law husband wants to file for bankruptcy. I dont want him too. He owes $16,000 in taxes and $7,000 in GST. He hasn`t saved up that kind of $$$. He has about $3,000 in savings. He wants to declare bankruptcy – but I want us to find a way out. Is there anyway [...]

I am in bankruptcy ast of fall 2008 . I make very little income during winter months so I have paid little or no surplus payments. During the summer months , my income is higher and save it to live throughout the lean months . However , if I make surplus income payments based on [...]