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Most Recent ‘Q&A’ Posts

Bankruptcy

THIS IS MY FIRST BANKRUPTCY I AM CONSIDERING AND I AM MARRIED WITH A CHILD AND WILL BE MOST LIKELY GOING BANKRUPT (ALONE) MAINLY OF REVENUE CANADA AND SOME CREDITORS. I BOUGHT A HOME LAST YEAR AND THERE IS NO EQUITY WITHIN THE HOME SO I KNOW THAT I CAN FILE AND STILL KEEP THE […]

Returned car loan

I declared bankruptcy, my spouse and I had two cars, and returned the one in which I was the primary holder. He was placed on the form for his income. When we returned the car, we were up to date on the payments, and filled for bankruptcy for me afterwards. Will they come after him […]

bankruptcy

If I declare bankruptcy and I have a house with some equity in it, and the house is in my spouse and my name. How this will affect my house and my spouse in terms of the house. thanks Posted from: Ontario

spouse assets in bankruptcy

i want to file bankruptcy and my spouse is business owner. He does not want to be a part of my bankruptcy. We have nothing joint. His assets are in his name only. Is there a way his income and assets are not considered in bankruptcy. Posted from: Alberta

What do I need to take?

What does the trustee need to have when you go for your first meeting? and why? Posted from: Ontario

Giving up a Secured or Prepaid Credit Card when going bankrupt

I had completely stopped using my credit cards a few months ago despite still having quite a bit of credit left on them because I am considering bankruptcy. I need a credit card though to be able to keep in my wallet in case of an emergency. If I were to get a secured credit […]

Ms Daly

Are Federal and Provincial tax arrears discharged in a bankruptcy? Posted from: Quebec

ex husband helping & mental health

due to my financial situation because of past tax debts, my husband and i seperated a year and a half ago, i moved away to try a new start and lost everything, i just have have a car and my clothes, due to the stress of the breakup and financial hardships, I have to take […]

Bankruptcy and foreclosure on home

Hello, I own my own home and have zero equity in it. I am in the pre-foreclosure process with the banks lawyer. I was told by the lawyer that it could take several months before they ask me to leave. I am planning on going bankrupt in the meantime. Once I go bankrupt, do I […]

bankrupcy and separation

I have been to a trustee and the paperwork is ready for me to sign. I want to know I am making the right decision. I lost my son in an accident 5 years ago and I have suffered from depression ever since. I have not been able to work and have been approved for […]

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