bankrupt twice
I went bankrupt 20 years ago and now I`m in a tight spot where I might need to go again would I pay for 9 months or 21 ? Also would I loss my house if the was no equity in the house? Posted from: Ontario
Q&A: Answers to Questions
Most Recent ‘Q&A’ Posts
assets, student loans and bankruptcy.
Will the RESP`S that are set up for my daughters be affected? Are student loans taken care of by claiming bankruptcy? Thank-you Posted from: Ontario
Filing vs. Delclaring Bankruptcy
Hello, Is there a difference between Filing for Bankruptcy and Declaring Bankrupcy? Does Filing for Bankruptcy automatically put you in to a Bankrupt status or does it only start the process? Any help or direction is greatly appreciated! Posted from: Ontario
Process
What is the process of the bankruptcy/timeline? After you meet with the trustee/ creditors are informed/ budgets (6) are submitted/ creditor meetings if required, etc. Just wondering when each part takes place in the 9 month period. What is the order of events and the time frame to expect each? Thanks Posted from: Ontario
overloaded…
She had a debt of over $30,000 with a $24,000 income before tax. 3 credit cards, car loan, student loan, loans for furniture and 2 other loans totaling $30,000. I suggested for her to come look at your website but she ignored it… since then she`s got 1 HUGE loan from the bank, aka debt […]
Do I stop paying my credit cards?
I am 62 years old and in debt $20,000. (credit cards) and have been only able to pay the interest aech month for a few years now. I have lost my full time job and am now working only 3 days a week. With serious physical health issues I do not see myself being able […]
Worried
I filed for bankruptcy aprox 7 years ago, I paid the trustee the first 400$ and still owed 1200$ I was younger when this happen and it eventually slipped my mind, I would like to fix the problem but am kind of scared of the consequences? what will happen? Posted from: Ontario
Snitching on a bankrupt
I know of someone that is currently going through the bankruptcy process. He`s doing really well until his payments stop going to the trustee. Now I`ve been bankrupt twice and since then I have learned a valueable lesson and now I`m trying to tell them to go to a TRUSTEE and they can tell you […]
Credit Card
If the collection agency has accepted for us to make payments, and have accepted the first payment, and now it`s not enough can they take us to court? Posted from: Ontario
Personal Bankruptcy
Can I do my own Personal Bankruptcy without anyone else? Posted from: Ontario