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I am considering going bankrupt. My leased car has been seized and I do not have a way to get to work or to take my son to school / daycare. I have approx $5000.00 that I was going to use to purchase a vehicle. If I purchase this vehicle and then declare bankruptcy a […]
I am currently in bankruptcy. The Ont. Govt are said to be mailing out x3 $300 cheques to single persons making under $70.000 (a category I fall under.) Do I just add this amount to my monthly income and have to pay whatever extra or is it exempt? (I doubt that!). Posted from: Ontario
I`m a financial advisor with the MFDA earn $150k/year commission income variable. Have $115k unsecured debt, $35k income tax liabilities potentially. Debt burden and reduced future income put me in a scary position. Considering my options. Really concerned if bankruptcy would impact my license to continue to work as Advisor with MFDA. thoughts? Posted from: […]
A family member has recently moved in with me from another province and is thinking about declaring bankruptsy. He mainly owes credit card companies and right now has no job, no car, and no assets. I am helping him with a new `start` here and he is currently waiting for his EI from the past […]
My husband is 70 and retired. He just got let go from his part time job. He is 40,000.00 in debt by 2 credit card co.`s. (20,000.00 each). He cannot pay off his debts. He has no assets. He will never work again because of his age and health. He has arthritis and bad hips. […]
I am thinking about claiming bankrupcy and am wondering …i have a second morgage on my house ,we have no equity in it as of right now with the 2 morgages…can i claim bankrupcy without losing my house or will i be forced to sell it Posted from: Ontario
Are children ages 19,20 and 22 considered as dependants if they are residing at home when a person decides to file bankrptcy? Posted from: Ontario
If I lost my job and got 8 weeks severance prior to going to see a trustee. Do I have to disclose this amount to the trustee. Posted from: Quebec
I have an incorporation that was a holdings company for some real estate investments, it was never really managed properly, it has been incorporated since 2006, currently the company no longer holds any assests as all houses were foreclosed on. The company is riddled with debt and although the company itself maybe made approx 200k […]
what if i have stocks do i have to give them up Posted from: Ontario
