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Most Recent ‘Q&A’ Posts

how does a bancruptcy work in my situation

how does a bancruptcy work in my situation….my husband and i are not legally seperated, but i am at a point that i have not choice but to go bankrupt….his name has been put on the deed for his mothers house…when i mentioned about bankruptcy he said he has to take his name off his […]

lein on my house

My ex wife has a lein on our property from the cra. I want to buy the property from her, but want to know if he lein will stay on the property? Posted from: Ontario

Student Loans

I have OSAP in the amount of about $60,000. I am planning to file bankruptcy in September 2010. My student loans will be 7 years old in May 2011. I will be in Bankruptcy for about 9 months so I will be discharged in June 2011, provided there is no opposition. Can my student loans […]

House Fire

I just lost my house due to a fire, I had no insurance due to it being cancelled as my furnace was old and I was saving for a new one. I cannot afford to rebuild out of pocket. Is bankruptcy an option? Posted from: Ontario

House on wheels

Im looking at purchasing a camperised bus for $2000 dollars from a friend due to my work its a really good solution to my trying to rent where ever im working,so it will be my house,can i still own my daily driver also,we are looking at rent to own situation,thanks even how odd this may […]

Varible Income

Hello ill be going to work for two months will make lot more money than i normally do,do you base my income on a yearly basis,im in my second bankruptcy.When would i have to pay the extra is needed. Posted from: Alberta

Using my RRSP to pay off debt?

I`m trying to get my debt down and heard something about if you use your RRSP`s to pay off your debt, you can`t go bankrupt too. Is this true? I really don`t want to go bankrupt and am trying to do everything I can to avoid it. Suggestions?? Posted from: Ontario

ms

Im a mother of 3 and umemployed. currently supporting my kids with their child tax benefit cheques. I just wondering if i can still file for bankrupcy? Posted from: British Columbia

HUGE DEBT

My husband and I have about 140 k in debt. We had managed to pay minimum payment plus more, but now I really feel strangled. I work nearly 80 hrs a week and I am worned out and see no improvement in debt going lower. What should I do? Can I file bankrupcy even if […]

Windfall

I am bankrupt, and have not been discharged, 4 months to go, and recently heard that a distant relative, may have left something to me. I am not even sure if i am in the will or know when and how much i possibly could receive. If i was to receive anything that is less […]

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