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Debt: Answers to Questions

Most Recent ‘Debt’ Posts

Debt will take forever to pay off

Hi, i was wondering which option would be best in my current situation. I have a new mortgage, car loan (that i need for work. I owe $4,500 in student loan which is currently in interest relief, and $7,800 between 3 credit cards. One of those credit cards is 19.5 % interest, and i dont […]

What about parking tickets?

I am getting ready to declare bankruptcy. My drivers license if fast approaching renewal. There are several outstanding parking tickets I need to pay off to allow my license to be renewed. Can I put those tickets into the bankruptcy or do I have to pay them off myself. Is this a question I also […]

naive and finacially crippled

My question is when you are in a internet scam, and finally know it and file a police report and then realize you have been scammed by a huge amount of money. Knowing now that I in debt because of it. How does one declare bankruptcy? Posted from: Alberta

credit card

I have a maxed out high interest credit card and have only been making minimum payments on so it keeps going up and up…I contacted credit card company and tried to make a proposal, they refused..I don’t want to go bankrupt but they refuse to help, what can I do? Posted from: Nova Scotia

Jo-Ann

I owe approx 95,000.00 in credit card and lines of credit. I have NOT missed a payment on any of them so far. My husband is 65 and I am 58 and are going to be living on a fixed income very soon. We cannot pay back all we owe. The bills are not decreasing […]

never ending debt

I have $35,000 in credit card and bank debt and am able to make minimum payments but will never reduce my debt level. can i file for bankrupcy before i am unable to make my payments or do i have to wait until i am in serious trouble? Posted from: British Columbia

debt

what is the statuartory limit for somoene to try and collect payment Posted from: Alberta

Writ of Seizure and Sale of Land

I have no income because I am disable. My son currently pays for our mortgage, and he is joined title. I received a Writ of Seizure and Sale of Land from my credit card. What step should I take now? Would filling consumer proposal/bankruptcy can stop the writ of seizure and sale take in place? […]

mal

I loss my 30 yr job, with a company that I had refinanced my mortgage and a large unsecure loan with, just prior to being given a severance package. Needless to say we were in a jam. We sold the house and paid off the mortgage but still have the large unsecure loan. I am […]

credit card

i have a credit card that i maxed out to pay bills down but at the same time i couldnt pay back the minimum payment required each month. i was thinking bankruptcy might be the only option but did nothing. i was sent letters and put in collections. im just getting by and now i […]

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