Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More
bankruptcy will afect my child tax benefit payments-or it considerated income? I am getting 600 $ for 2 kifs plus 100 $ child care benefits because of low income last year. If i declare bankruptcy it will affect receiving the full amount? Posted from: Ontario
My wife and I are considering bankruptcy. We have about $75,000 in unsecured debt. We together have about $40,000 in RRSP and about $15,000 in RESP. Is the RRSP protected with the new rules? I know that the RESP is not but are we able to switch ownership to like the grandparents so we don`t […]
My last date of study was June 2003 and I am considering bankruptcy due to over 60K in unsecured debts including student loan debts. There is a new rule about including student loans after 7 years but I have heard rumours of special circumstances where student loans could be included after 5 years in cases […]
my son has approx $16,000.00 in legal costs that he cannot possibly pay and more expected to come , he needs to know if these legal debts fall in to a bankcruptcy categorie, as he has no possible way of paying this debt, his total annual income is approx 30,000/ yr, he has a son […]
I filed for bankruptcy but didnt include my house, but now I am behind in my mortgage payments and I am awaiting foreclosure on my house, when the bank forecloses on my house do I need to pay the property taxes on the house? Posted from: Ontario
I would like to know if you are judged for being in financial trouble Posted from: Nova Scotia
My husband and I owe over $200, 000 on credit cards, LOC, etc….all our debts are in our own names…except for the house…someone recommended that we take his name off of the house, then he declares bankruptcy, wiping out more then half the debt and then I can hopefully pay my part off, BUT this […]
I have $80k in credit card debt and would like to know if it is better to offer a proposal than declare bankruptcy, now that new limits will be taking effect? My annual income $72k and I would pay a penalty for declaring bankruptcy. I could manage a repayment in a consumer proposal. Could my […]
When CMHC covers the bank for the shortfall amount on a foreclosed home, CMHC will become my debtor with the entire unsecured shortfall amount. Isn`t the point of insurance is to cover me? It would make more sense if CMHC comes after me for the amount of premium unpaid and not the entire shortfall unless […]
I have a judgement against me from an insurance company because I took my parents car without a license and hit another car. The company paid to fix the cars but went after me to recoop the monies. I`am 17 years old. Can you file for bankruptcy to remove this judgement? Posted from: Nova Scotia
