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Hi, my wife and I have $90,000 in dept; most of it on credit cards. She has a stable income of $2200/month, but my self-employment income during the last few months has reduced to $2000. What proof of income will I be required to show – my last year’s statement from Revenue Canada or just […]
Hello, Please clarify what measures credit card companies can take when a holder is behind in payments. Is it true that if you don’t pay your bills after a few months, the credit card company can literally attach itself to any of your bank accounts and take money out of the accounts? Or does this […]
To whom it may concern, Succinctly, what is the rule for a debtor in Ontario vis-a-vis 1) creditors and 2) collection agencies calling at work? In other words, it is my understanding that a debtor in Ontario can be called at work by the original creditor and that there is nothing one can do to […]
Hi, I am currently in bankruptcy. I owed 30,000 on a credit card to a creditor (Scotia Bank). When I applied for this card I alone signed the paperwork but requested a supplementary card for my wife. She has never signed any paperwork nor had she ever activated the card. Scotiabank never came after her […]
I owe student loans as well as a credit card debt that I know of. I was bringing in a very low income began missing payments. That was in 2002 after so long and many collection letters from more than one co. I got overwhelmed. About a year ago I began repaying on two of […]
about 15 years ago l worked in canada and by not my fault but my employee , she did not pay all my tax. l am not living in the country now .can you tell me where l stand if l owe money or how to sort the problem out incase l return to canada […]
My Common Boyfriend has claimed bankruptcy. The company that he used told him that they would work for him – yeah right! We have a joint account in which we got a loan for a older mobile home in which we reside with our adult son. I used the proceeds from the sale of my […]
i owe approx 80 000 in credit lines and credit card debt. i have no assets no house. i cashed approx 55 000 from rrsp. last two years i made approx 52 0000/year. i lost most of that money on online gambling. i make myself sick. i stopped gambling. what is my next step? what […]
my wife and i had our home foreclosed on back in 2001. The sale price less commission was less than the outstanding mortgage by about $5000. It was a CMHC insured mortgage. This, among other things led to personal bankruptcy in 2003. We were discharged in 2004. The trustee filed our income returns for the […]
My husband has a mastercard that only he applied for the credit on. After he got the card, sometime later, he got me a supplementary card. I have hardly used the card, maybe 3 times. I want to be removed from this card and not be responsible for any of the debt, but the credit […]
