Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More
A friend has no money, no job and has lost everything. He is on social assistance and disability. He should go bankrupt but has no money or assests that can be used to pay a trustee. Is there any assistance available in this typre of situation. Posted from: British Columbia
If earnings are below the amounts allowed and you are below the Surplus Income. How do we pay the Trustee? Posted from: Ontario
Is there any indication that the new September 18 rules on Surplus income might be changed in light of the economic fiasco? Here`s why I ask. My husband lost his job and the savings were depleted on a reno project that we were doing for a rental property. Following this we were unable to make […]
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 […]
