Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More
I currently owe about 55k in unsecured credit. I`m not behind on payments, but am not making an progress in paying this down due to high interest rates. I would likely not qualify for a Debt Consolidation Loan on my own, but my question is it possible to get a co-signer with good credit history […]
My family and I emigrated to Canada from the UK earlier this year. We have debts in the UK which we cannot now repay. We are considering applying for bankruptcy in the UK. What impact will this have on our credit rating in Canada? Will we have `bankrupt` status in Canada? Will we have to […]
If I go banckrupt for how many months will I have to produce statements of my credit cards etc. Posted from: Ontario
My husbands sister and husband are co owners of our house so therefore four of us are on the mortgage and deed. We paid 200 thousand with a 40 thousand down one year ago. Will we lose the house or will they be responsable to pay the mortgage. We would like to keep the house […]
My husband and I are Separated and we both have a car my is a 1999 grandprix and his is a 2004 grandprix. I am presently unemployed and looking for work and need the car. Will I lose the car. I am not sure if I signed on the application for the credit cards if […]
Hello, I just have a quick question. my wife and I are not legally seperated, but we don;t live together. we are trying to work things out, so we are still friends. Do i have to disclose her income since we don`t life together? and is it a problem that she comes and visit me […]
I owe a considerable amount of debt to credit cards and would like to go bankrupt but for the last 3 months, I have been using my credit cards to pay utilities, purchasing gas for my car and buying groceries etc because of getting laid off. I am concerned that the credit card companies may […]
Based on the expert comment i am guessing there is no rule or law preventing a person from claiming bankruptcy while being unemployed or while collecting UI benefits which was one of the questions i had. Is the UI income treated like any other income in an attempt to establish if there is any `surplus` […]
If I hve ascured line of credit, which has beeen consumed up, how the bankruptcy will handle the issue ? Posted from: Ontario
I owe around $50,000 to Agriculture Canada for advance payments that I have been unable to pay. We sold our farm several years ago and have paid off most of our debts. As a couple, we owe a few thousand dollars to Crop Insurance. That is manageable. My husband has returned to school to take […]
