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Money Problems: Answers to Questions

Most Recent ‘Money Problems’ Posts

Question

I have a question that I didn`t see it before.I have a house and a car (both not payed yet ) and since I do have to go abroad fast, for a longer period of time -for more than 6 years my question is what happens if I just leave them here without continuing to […]

What are my rights as a co-signer to a loan headed for divorce

I have been separated almost 1 year in March, I want a divorce. In good faith a few years ago I co-signed a loan to consolidate my husbands bills he accumilated and some bills with loan sharks without my knowing. Thinking lessons would be learned. I had no debt. I have since learned that he […]

Writ of seizure and sale

A number of months ago, a writ of seizure and sale was issued against me for a credit card debt to the Bank of Montreal. To date, they have not enforced the writ by selling my home although they routinely continue to do so. I have been very honest with them about my circumstances and […]

car repossession

I am having some financial problems and can`t afford to make all my payments this month. I have a car loan through a bank. If I don`t make my monthly payment, will they just show up and repossess my car? Or will they send me a letter first? I assume that there is no set […]

Help

I am planning on seperating from my common law husband. We have a house together but no equity. Still a number of years left on the morgage. Dop not think we can sell and get enough to pay the mortgage off. What do I do? Posted from: Ontario

collection

i have a collection agency calling me. It has been almost two years since I have paid anythig ad I truly can`t afford to I am single with four children and only make 14000.00 per year. I have no car, house etc. in my name. Will they ever just give up on collecting and write […]

I don`t know what to do

My self and my hushand have approx. 75,000 in unsecured debt. I have done some calculating based on what I have read on the website and after monthly expenses (car, mortgage, daycare, etc)we end up with 200.00. Now I have not included the utilities or property taxes in that. Which means we end up minus. […]

loan/lease default

we bought a semi. personal circumstances beyond our control have made it almost impossible to continue to make the payments We had no collateral on the loan/lease with this company we just put money down. what if we default on the loan? we live in bc and the lease company is based out of ontario […]

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