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I own a small business; it is incorporated, and I own real estate in my personal name. If I file for bankruptcy for the business, will this affect my personal life? And can the other businesses (landlord, suppliers, and other vendors), who know where I live, hold me personally responsible for the outstanding amounts owed […]
If you have co-signed a loan for your daughter for her car.. does she get to keep the car and if you have a older truck paid for do you get to keep it in a bankruptcy…. Posted from: British Columbia
I am currently in bankruptcy process where I obtain surplus income each month and pay the trustee accordingly. In a tax refund, this would normally be considered addtional monies that I should have received as surplus. Therefore, why would I have to give 100% of the refund when this would have been considered surplus income […]
i have debt owed to government for taxes is this at all included when i file for personal bankrupcy? Or do I still owe that debt to the government? Posted from: Prince Edward Island
Hi,We are seriously condersidering bankruptcy…My husband works outside and sometimes don`t get many hours when the weather isn`t good,when he works and has more than 40 hrs.he will save them to make up when and if there`s little work.Can he continue to do this during bankruptcy?Thank you. Posted from: Ontario
Hello, My mother is 67 and considering bankruptcy. Our question is whether her CPP and OAS will be considered as income in addition to her employment wages? Any information you have would be much appreciated. Thanks in advance. Posted from: British Columbia
I lost my job in March 2008 (auto industry lay off). I did not find another job yet, my EI was finish and had to apply for Social Assistance ( my only income presently). I haven`t been able to pay my creditors (3). One of the collection agency (DRM) called me and stated if I […]
If surplus income is over for just two or three months during bankruptcy does it extend to 21 months before released from 9 months. Posted from: Ontario
My parents have been forced to go into retirement and start collecting their Canada pension (which isn`t much) and that leaves them unable to pay their mortgage & bills. They`ve decided at this point to put the house up for sale but there was a remortgage on it about two years ago where they borrowed […]
Currently going through an DMP @ 1100 a month. Was ok but am splitting with my significant other and can`t see myself continuing with this payment. Have been in it for 1.5 yrs. What are my options for decreasing the debt load and what are the impacts Posted from: Alberta
