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IN 2003 (6 YEARS AGO) I WENT INTO A FIRST TIME BANKRUPTCY, I`M STILL NOT DISCHARGED. LAST WEEK THE TOP TWO CREDITORS HAVE DROPPED THEIR CLAIMS, REDUCING MY DEBT TO APPROXIMATELY $35,000. MY TRUSTEE WANTS ME TO TAKE OUT A REVERSE MORTGAGE ON MY HOME AND TO OFFER MY CREDITORS 90% ON THE DOLLAR (31,500) […]
We have a living-in nanny to help out with three young children. After the bankrupcy, would we be able to keep the nanny? Howwould that impact our monthly payment to the trustee? Thank you. Posted from: Ontario
I filed bankruptcy in 1995. I recently applied for Geared to Income housing in my city and was told I owe them monies from 1994 and was denied access to low cost housing. This creditor is listed in my bankruptcy papers ( I have the paperwork) What can I do?? Posted from: Ontario
lets say if you are in the middle of your discharge period, and you receive a huge inheritance that covers more than your debt was worth. you notify your trustee and i am assuming that your creditors would get paid off, and if there is anything left after all the fees and interest, you might […]
How do they define `attended school?` What if you took one online course since then? Posted from: British Columbia
my common-law husband of 9 yrs. left me and then filed personel bankruptcy but i did not.he is making 80,000 per year and i earn 12,000. will i lose my home? it is mortgaged for 44,000. Does he have to pay me alimony? Posted from: Newfoundland and Labrador
I have debts that i can not pay and was thinking about filing for bankruptcy. I was wondering if i file now and i have an outstanding student loan (approx. 5 years old June 2004) can I have the loan included if i still have a year and half to go before i`ve been out […]
I work on commission, and as such, don`t pay source deductions through the year. I think you`ve answered this, but so that I`m clear, if I make RRSP contributions to avoid paying as much tax, and I get it down to close to a wash, I`m still okay? (keep my RRSP and owe little or […]
I was wondering since my trustee told me I will be getting my gst checks back from them will I also get my tax refund or do they still keep that Posted from: British Columbia
I was discharged from bankruptcy on Nov 24/09 and I`m wondering if I`m able to contribute to my RRSP, and if so, would I be allowed to keep my refund – or at least contribute to my RRSP to avoid having to pay as much tax. I`m not even clear if my trustee does the […]
