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Most Recent ‘Q&A’ Posts

Can I file Bankcrupty if I owe miltiple payday loans

I borrowed money from several pay day loan when I seperated. I went trought a credit counselling company, made payments for a total of $2023 but they never pais any of my outstanding payday loans. Now I have several payday loan company treating to take me to small claims court. I`am extreamly worried as I`am […]

Help!!

My dad has recently become Ill and my sister and I are now trying to look after him as well as his finances. He has $14000 owing in credit cards and the same in a line of credit. So owes just under $30,000. He has $20,000 still in an RSP account. He also owes $130,000 […]

Financed Car

I am looking to claim bankruptcy in the coming month. I have a Car financed at present and would like to give it up during the bankruptcy. The amount i owe on the loan is surely more than what the car is worth at present. If i need to include it in the bankruptcy do […]

Length of Bankruptcy

Hi: I started out with thinking I must do all I can before declaring Bankruptcy. I started with the proposal but it was rejected. Now I’am just about to file bankruptcy. Iam so stressed out. I can not think normal. You must be in the same state. Where is relief. If total income is less […]

What should I do.

I am thinking of shutting down and claiming bankruptcy. What am I going to do this has been my life for 13 years. I feel like I won`t be able to survive without it but I can`t keep it going either. Can I sell assets and bank some cheques somehow to survive before claiming bankruptcy. […]

What is covered by the filing of a bankruptcy?

If I owe money to a car manufacturer for damages to a vehicle that I was leasing, will this debt be a part of the bunkruptcy? I will return the car once the lease is up and this would be the only money owing from the lease. I have not missed a payment on the […]

How to apply for bankruptcy in Alberta

one of my good friend was working with this company for 3 years not knowing that she did not declare taxes so my friend get auidedand have to pay a large amount of money can she apply for bankruptcy and what are the procedure Posted from: Alberta

Equity from House Sale

I sold a house approximately 7 months ago and received some equity from the home which I have disbursed. Do I have to disclose this? If so, what are the ramifications? Posted from: Ontario

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