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Most Recent ‘Q&A’ Posts

Co Leasee question

I am a Co leasee on a car my ex and I had. I have had full possession of the car for the last year making payments and insurance in my name. The lease is up and if I return the car they estimated 1200-1500 to fix damages. If my ex claims bankruptcy can she […]

Bankruptcy Consideration Q & A

Thank-you in advance for your answers to the following. If Person A initiated a lawsuit against Person B, and after a long and protracted bad situation, the end result of legal proceedings was completely unsatisfactory, and because of the damages caused to Person A from the horrible actions of Person B, as well as the […]

what to do??

I`ve been sitting on the fence now for about a year on whether to file bankruptcy or… it`s time that i make an informed decision. I`ve sinced move from my last address and have not changed my address because i really don`t have one, so im not really sure what i`ve received in terms of […]

living expenses

I`ve read that the living expenses allowed in bankruptcy for a single person in 2009 is $1870 per month. My monthly living expenses which include rent, phone, prescriptions, food, clothing, insurance, gas, etc. are considerably more than this. What does one do in this situation? Can I be forced to move? Give up my phone? […]

Discharge papers

Please, in your experience, in Toronto, how long does it generally take the Registrar to sign discharge papers, once the discharge date set by the court hearing, has passed? And how long before the trustee receives them? Posted from: Ontario

surplus income question

I make 2200 a month take a home, if i ask my work to take more taxes from pay cheques so my surplus income does not exceed 200, will i get penalized, and will i get a discharge in 9 months, is it ok to do this at all? Posted from: Ontario

Foreclosure on home

I am in pretty serious financial debt with a $500,000 mortgage, a $50,000 bank loan for a car, back taxes, $35,000 in student loans and about $70,000 in debt. My ex husband was smart and put all the debt in my name and has left and I make very little for income. I have not […]

talking to a trustee

Hello, if I go talk to a trustee about my financial situation, then i change my mind about filing, does it look bad at me? like does it look bad at me at all if i go get some information from a trustee? thanks a lot Posted from: Ontario

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