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Money Problems: Answers to Questions

Most Recent ‘Money Problems’ Posts

can they sue

i currently became laid off and contacted my vehicle finance company explaining i could no longer afford my payments they responded that i need to show proof of my financial situation proving i could not pay they in return responded with a letter of voluntary seizure stating they would auction vehicle then id be responsible […]

Responsibility

Hi; I actually have two questions that will help me to decide if I should consider filing for Bankruptcy: 1) Over 10 years ago I requested that a supplementary card (on one of my MasterCard accounts) be issued in my Mother`s name. – She did not sign anything – She has never used the card […]

CRA tax law

can canada revenue agency issued a writ of seizure before all assessments are completed Posted from: Alberta

Voluntary Repo

I am considering doing a voluntary repo to Ford Canada in BC and I am worried that when I return the vehicle to a dealership how are the payments that are automatically withdrawn from my account stopped? What paperwork will I get when I drop off my car at Ford? How can I prove that […]

Sued for defaulting on Credit Card payments

My credit card is $25,425 and have skipped 5 monthly payments. The credit card legal counsel has served me with a Writ of Summons in the Supreme Court of BC. I can`t afford a lawyer so I`ve prepared an `Appearance` on my own. I am also trying to file a statement of defense but can […]

Ann

I owe President`s Choice Mastercard about $5000. I own a house with my husband and my son (mortgage). Collector kept calling me and leave messages on my answer machine stating that she is doing paper work to have someone to come out to see my property. I am currently disable and have no source of […]

preventing garnishee

I received a call from NCO telling me that they obtained a default judgement ordering me to pay $7000 in credit card debt (which was actually $5000). They say they can garnishee my wages but can they without having legally served me notice (e.g. through sherriff, registered mail). I am a federal govn employee who […]

statue of limitations, old debt

in august 2002 i stopped making payments on all my credit cards due to financial difficulties. In march 2010, i checked my credit report and although the credit cards are mentioned in my report, the outstanding balances are zero for all accounts and the ratings are R1. if i open a chequing account with a […]

secured loan

I have a secured loan and an unsecured line of credit. Why can I not do anything with the secured loan? Posted from: Ontario

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