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I`ve lost my job and I am living single on EI. My debit on the cards is over $60k and I have no resources to make the monthly payments. I have no collaterals (house or any other values) and my credit score is 570.What are my options? Posted from: Ontario
My wife and I have tried to avoid it but it looks like we will be seperating, either of us can afford to pay the bills after this as we will incur other payments and bankruptcy looks innevitable, but we have a past bankruptcy 15 years ago how will this affect us? how long is […]
i am still a director of a company a i have 3 months left on my bankruptcy term. i have cash from selling assests in the company. i want to pay myself a wage as i have not paid myself anything from the corparation.if i claim it on my monthly income will i receive any […]
I`m considering doing a CP, I make approx $72 500 per year, no kids, separated, which resulted in the foreclosure of our home at a net loss of $47 000 (I believe the ex was claiming bankruptcy), plus I have other bills for a grand total of approx $95 000 of debt. If I do […]
I rent a house and have a room mate that pays a portion of the monthly house expsense ( not 50%). Is their income concidered in my surplus income? Are basic living expenses ex: rent, utilities, food etc, concidered in the calculation of the amount of surplus owed monthly? Posted from: Alberta
I went to bankrupcty court and the court gave me a 4 month suspension. What does this all mean? I completed all my duties what am I allowed to do under my suspension and what am I allow to do. It`s been along ride this whole ordeal has been. Please let me know what being […]
i have outstanding amount of $ owing to me for child support.. if this money was to come in a lump sum is it also taken and split up amongst the owed creditors Posted from: Ontario
Hi, I`m planning on filing bankruptcy within the next few months. Im just getting everything together. I returned my leased car to the dealership. They are saying they will bring me to court for payment even tho they are aware of my situation. They also state that any free for court I will have to […]
in august 2002 i stopped making payments on all my credit cards due to financial difficulties. In march 2010, i checked my credit report and although the credit cards are mentioned in my report, the outstanding balances are zero for all accounts and the ratings are R1. if i open a chequing account with a […]
Hi My friend and I own a house 50/50 split. I am considering going bankrupt. What will happen to the house? Thanks Posted from: Ontario
