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I owe a rounded total of $33,000 spread across three credit cards, a line of credit and one retail credit card. With my income and expenses I can only afford to make the minimum payments on all the debt. At this rate it is going to take decades to pay off the principal. I have […]
Can A Senior Declare Bankrupts? Posted from: Alberta
Hello, I have approximately $170,000 in unsecured debts. Assets – I have $60,000 in home equity and I am on a joint investment account with my parent for $800,000. I cannot afford the debt load and am not able to access the money from the investment account even though the parent is worth several million. […]
If you file for Bankrupcy will personal loans from family be paid off as well? Posted from: British Columbia
In debt for $70,000. House has no equity, put 2 children thru University & college used equity in house. Have an income of 6,000. met with a trustee and told us just to keep going, one trustee told us to do a consumer proposal. and the credit counseling told us to claim bankruptcy. Went with […]
My elderly parents want to add myself and my brother to their bank accounts. I owe money to Rev Cda, my question is can Rev Cda take the money I owe from this account even though there are 4 people listed on the account. The other 3 do not have any outstanding account with Rev. […]
Hi currently my situation is my father’s business went down and owe the bank a lot of money. He has left the country however I have remained in the country. I live with my girlfriend in her place. We receive court letters addressed to my father and his company summoning to court however have ignored […]
I have 5 banks i owe $ 140,000. (unsecured) If i do not pay, monthly, the largest 2 banks debts of $ 97,000, but continue to pay the 3 bank debts of $ 43,000. My monthly debt payments will be 30% of current payments, to all 5 banks. I have no car $ 1,000 value, […]
If i am protected by seize or sure and my vehicle is repossessed is there any way of removing the shortfall amount from my credit report? Posted from: Alberta
i am going through foreclosure with my bank.i have not been able to sell my house which is listed with realtor. i will be lucky if i sell it and beable yo pay off my mortgage. i also have a 2nd mortgage with citifinancial.. is it possible they would write off my 2nd mortgage or […]
