Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More

Free Consultation

Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

Surplus Income

Can you please advise what the deducted amount is for a single mom with one child who doesn`t receive any additonal child support from the ex. Is it still $1875 or would the child will also have an additional deduction amount. I make approxi $2600 take home pay each month. Trying to calculate if I […]

Surplus Income vs Proposal

My income is derived from commissions: How are the #`s calculated in terms of surplus income or consumer proposal amounts when my income can fluctuate from $0 to $20k in a month? Posted from: Ontario

CMHC

What if you can not afford the amount that still may be owed after the bank has sold the property and the bank has filed with CMHC for an insurance payout? Does CMHC base the money owed according to your income, assets, etc instead of having to pay the whole amount? Posted from: British Columbia

Secured credit card

I am currently in bankruptcy. Am I able to apply for either a secured or pre-paid credit card while still in bankruptcy? Posted from: Ontario

Can I keep my house?

We recently obtained a new mortgage on our home in June 09 but because of plummeting real estate values, the lender refused to include our debt consolidation with the mortgage as originally planned. Not enough equity in the house. We lost more than $25,000 in equity in just 6 months, and it has nothing to […]

car with 1 1/2 years payments left to own, can we keep it.

Hi, we have a chrysler neon with 110k that has about a year and a half left of payments. The bank the payments come out of is part of my bankrupcy claim because of line of credit and credit card. Can the car be claimed under bankrupcy or if we have to keep making the […]

Business Down 70%

My credit has built up excellent after 2 personal bankruptcy? I started a business and its put me in a terrible situation. I have credit cards and a business line of credit. Would I be allowed to go bankrupt again if I needed to and would it be business and personal? If so at what […]

swimming in debt

I am thinking of claiming bankruptcy, I am 65000.00 in debt in unsecured loan, credit cards and line of credit. I dont want to lose my house in the process as i just got it in 08. I havent been able to make some of my payments on the unsecured debt and i have creditors […]

Bankruptcy

My family is supporting me after I lost my job which means I have no income. I have got debts and a court order from one of the creditors to garnish my wages or seize my assets. I don`t have any assets or a job and this court order is pending. If I go on […]

Previous Page
1 ... 125 126 127 128 129 ... 488
Next Page