Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

co-signer and bankruptcy

Hi my parents co-signed on my car. If they file bankrupcy how dose this affect my carloan? Posted from: Saskatchewan

Autos and bankruptcy

We have 2 cars but together they dont have a value of more than 5,000.00 dollars. Will be able to keep them both in the event of a bankruptsy Posted from: Alberta

personal contract for a basement

I recently cancelleda basement development contract between two people. If the court ruling doesnt go my way and it costs me money will can I claim it under bankruptcy? Posted from: Alberta

Hi, I have a debt around $70,000 (including cash advance, some electronic devices and a $10,000-diamond ring for re-sale to get back money) incurred in 2007. I used it as capital to invest in setting up a language school in Vietnam. However, after 2 years in operation, it failed and I was completely broke. I […]

mr.kumar

I am unable to pay my creditors as I owe more than 50000 $,and thinking for filing bankruptcy,is that going to effect my wife who is running her own private business and I am no part of it Posted from: Ontario

inheritance during bankruptcy

hi there just wondering if someone passed away 1 week before your disscharge date from bankruptcy will the monies received in an inheritance be garneshed Posted from: Manitoba

goverment debt and bankruptcy

does my employment insurance overpayment and taxes owing become part of my bankruptcy or will i still have to pay those debts Posted from: British Columbia

bankruptcy without any assets

I am 60 years old and do not have a job. My daughter is currently paying my bills covering my minimum balances but can no longer do so. Can I declare bankruptcy even though I have no assets and live with her? Posted from: Ontario

I have a couple questions:

I am Unemployed. I am Broke with no incoming income. I currently Have some assets such as my home(Pretty old Mobile Home), an early 90`s truck(I`d like to keep) and misc. other goods such as a tv, and tools. Am I eligible for Bankruptcy? Posted from: Alberta

receipts

One of your questions asked previously was about receipts. In bankruptcy do you have to account for all money spent or just for money over your surplus amount? If it is for all money spent will I have to ask for receipts for every time I go get a coffee from timmies or put money […]

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