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A judgment was issued against me for failing to appear in court. The judgment was extremely high, and because of it I was forced to go bankrupt. Now there seems to be questions about the legitimacy of the judgment, and a possibility that this judgment could be reversed. Because it was strictly the judgment that […]
If I fail to appear in court over money owed to collectors, will I just automatically loose by default or will I be in contempt of court and have a warrant on my head? For those who are ordered to have their wages garnished, can`t they just quit their job after? Posted from: Ontario
My wife and I are joint owners of a house worth about $250,000. We own it outright so there are no mortgages or other encumbrances. I want to get a home equity line of credit to pay off some debts but my wife is opposed to this. Is it possible to get a HELOC that […]
What`s the maximum wage garnishment in Ontario? What happens if a number of creditors are seeking wage garnishments? Do they all get a piece of whatever the maximum is or do they have to form a line? What does that court consider when determining the amount or percentage of a garnishment? Posted from: Ontario
My wife owes over $130,000 to CMHC due to a deficiency on a foreclosed property. The file is currently with a collection agency. What is the likelihood of CMHC pursuing this collection. It looks as though they have given up when they passed it on to a collection agency. I was told that they actually […]
Usually, when you stop making your loan payment on a car loan that is through a bank, how long does it take before they repo the vehicle, do they call you first? Posted from: New Brunswick
1) I bank at Company X. I do nothing but have a bank account there. If I have a credit card at Company ABC and I stop making payments on my credit card, are they able to take money out of Company X account? 2) I have been trying to make the min payments for […]
I am currently finding it difficult to keep up with my credit card bills. If they go to collections and I still have problems repaying can the take legal actions against me? Posted from: Ontario
If a person is in financial trouble and creditors are making calls to get their money, but this person has not yet filed for bankruptcy, is this person still able to travel abroad. Will there be any issues at the border? Please provide whatever information you have on this. Thanks so much. Posted from: Alberta
I`m on the verge of filing bankruptcy .. I rec`d a WONDERFUL letter in the mail today from the CRA. Stating that they are going to garnish my bank account. HOWEVER, my bank account is a joint account, with my husband, @ TD bank. Can they garnish a joint account? Posted from: New Brunswick
