unemployed, not eligible for EI and in debt
September 10th, 2013 by Questions
I am thinking of filing for bakruptcy, this will be the first time. I owe rev cda about 3500.00 and have 14,000 in unsecured debt in a loan from the bank. My only source of income is a 4500.00 withdrawal from a LRSP (i’m 55) which has to last me until I find another job. My rent is 756.00 and I have car insurance and other living expenses. If I file for bankruptcy, how do I afford the bankruptcy payments. Are they calculated accordingly? Also if my Lrsp withdrawal is my only money coming in, can that be seized?
Posted from: British Columbia