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Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

Pending Sale

My house is for sale but I`m not sure I can wait for a buyer. I have other debt besides my mortgage. Can I just give back the house to the bank without impacting my other debts as they are with the same lender (visa/line of credit). Posted from: New Brunswick

house insurance

I filed for bankruptcy.i surendered my house that is jointly owned.am i responsile to keep insurance on the house.or is my ex responsible. Posted from: Nova Scotia

income tax refund

I will most likely be filing for bankruptcy in January of 2010, I have no were else to turn! Can I keep my 2009 tax refund ? I owe a relative $850.00 and I must repay it as it has caused a major family problem ! Posted from: Ontario

extra money and saving

hello, just have a question, I know anything that`s over 1870 is considered surplus income. if my bills are only 1000 a month, and i am saving 870, would the trustee or the creditors make a big deal about me saving money, as long as i am paying my surplus payments every month and fulfilling […]

help needed ASAP!!

I am a kinship foster parent who is about to declare bankruptcy. I receive an allotment of money monthly to care for my granddaughter. It is not considered income for tax purposes because I can not claim her as a dependent . I do not get a `child tax credit` for her either, that goes […]

Power of Collections?

If an individual does not go bankrupt but does owe money to unsecured creditors (i.e. credit cards now in collections) can that individual purchase a used car that is less than $5650 without the fear that those unsecured creditors will win a judgement to take possession of the car to pay off the bad debt? […]

worried

I am still paying off my mothers funeral but I will soon have to declare bankruptcy as my debts have become unmanageable! Can I include this debt as well? I have been told that this kind of debt is exempt. Posted from: Ontario

used to live in ontario

I used to live in ontario and live quebec now where should I file for bankruptcy.is credit cards from ontario and quebec same or diferent. Posted from: Quebec

Selling house during bankruptcy period?

If you sell your home while you are still in bakruptcy does the whole windfall (money left over after the mortgae is paid back to the bank) go to the estate, or are you allowed to keep some of that money? Posted from: Saskatchewan

Old debt.

How does one know if a judgment has been made against them. Is there somewhere to check? Posted from: Alberta

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