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Most Recent ‘Q&A’ Posts

doris

please explain what `judgement` means and how it works Posted from: Ontario

Bankruptcy Question

Will you lose your house if you declare bankruptcy? Thank you. Posted from: Ontario

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I live common law..If I declare bankruptcy will they come after the house..It is in his name not mine..We have been together for 18 years..His name goes on my income tax.. Posted from: Ontario

Filing for Bankruptcy

If I file for bankruptcy, then change my mind, is it possible to rescind the filing? How long do I have to change my mind, if so? Posted from: British Columbia

bankruptcy on an incorporated company

I am the sole owner of an incorporated company, I owe around $20,000 in payroll for 2007 that I have not yet paid, GST and PSt and others Totalling around $55,000. I Personally owe $8800 to visa, $2000 in overdraft and a $6000 loan to the bank. I also have a car loan of about […]

Bankruptcy while involved in a law suit

If I am involved in a lawsuit where I am the one suing, And I claim bankruptcy will it put my law suit on hold and can will any money that I may win in the suit be taken and distributed to my creditors? The law suit is over the continuation of group insurance disability […]

how to pay it off for good

i am 5000 dollars in debt for the past 2 years i have payed it down to 2000 then i get back up again to 5000 im 28 female and i should not have a credit card what can i do Posted from: Ontario

What are my options

i have corporation in canada which has about 450,000 in back taxes, vendor payments etc. i have receivables due to me for 202,000, which i believe are not recoverable. what are options? Posted from: Quebec

Revenue Canada Wages Garnishment

My Husband owes Revenue Canada $26,000 from several years back. Today he found out they were garnishing his wages in the amount of $1000 a month. He only takes home Approx $2500 a month. them taking the $1000 a month will make it impossible for us to pay our bills. Our Rent alone is 1300 […]

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