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Most Recent ‘Q&A’ Posts

Do I owe my trustee after being discharged?

not sure but I think it’s wrong after been discharged my trustee asked me for money ,also she said that I did fraud because I sold my house but I pay the equity even with 5 years interest when I pay in full only one month after signed the second mortgage with them ,what can […]

I am a senior. How do I go about dissolving my debts?

I am on a low fixed income & a senior & owe over 25,000. No assets..no nothing…how do I go about dissolving my debts…what are the options I could persue..I believe that bankruptcy would be the best way to go. Please advise!! Thank you.. Posted from: Ontario

What happens to my spouse’s life insurance policy?

If a spouse of a bankrupt person passes away. Does the trustee take all the proceeds from the life insurance to cover the debt the bankrupt person owes, even though the spouse had paid the premium for the policy for over 30 years Posted from: Ontario

Will moving to New Brunswick protect my wages?

I am middle of many law suits. Have just claimed corporate bankruptsy, which creditors meeting is this Friday and I think will be ugly. Have 2 recission orders franchise law so will go personal plus 2 other lawsuits which I think present fraud case. Really have minimal personal debt but all these lawsuits . 2 […]

Will the divorce lawyer be paid if you file for bankruptcy?

My partner went through a messy separation and custody battle with his ex-wife. His divorce lawyer placed a lien on their home. We have since moved out of province, and the renter abandoned the house, so no mortgage payments are being made. Well after getting injured at work and the costs of the separation he […]

Will my bankruptcy affect my parents?

My parents is applying for immigrant and should be approved in 2 years. They are now supporting me as an international student in Canada and as my sponsor. In the worst case I may declare bankruptcy because some reasons about two years later. Will it affect my family’s immigration? Please tell me what will happen […]

Is bankruptcy my only option with all my debt?

Hi, I’ve managed to max my credit card out due to moving expenses, schooling fees, and personal irresponsibility ($12000). I’ve also been trying to juggle rent, bills, and student loan payments on top of that and feel like bankruptcy is my only way to go. Do I have other options? I feel like losing this […]

Will filing bankruptcy affect my line of credit with my ex?

I have just filed for bankruptcy two weeks ago, my ex wife has started to get phone calls because she too signed for the line of credit. There was a hold harmless agreement in the divorce decree and she is threatening to come after me for the monies. I discussed this with my trustee and […]

Will we lose our house and 2 truck loans?

My husband is considering claiming personal bankruptcy due to some credit card debt. He was just served papers for one of the credit cards – they want to get a judgement against him. Will we lose our house and 2 truck loans if he does? Both the house and the trucks are in both of […]

Will Going back to school affect my bankruptcy?

Thank you for your time and consideration in answer my question. I currently claimed Bankruptcy last year after losing everything following the death of my husband. Following numerous health problems my doctor has recommended Disability. I have excepted this, however; as a nurse of 30+ years, i find it difficult to continue long term with […]

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