separated
would my ex be effected by my bankruptcy.recently separated . we have no shared debt or join holdings Posted from: Newfoundland and Labrador
Q&A: Answers to Questions
Most Recent ‘Q&A’ Posts
bankruptcy
My husband and I have some credit card debt four years ago, we have live aboard since then, now we`ve back, we still receive a few phone calls from collection agent, do we need file bankruptcy? Posted from: Ontario
Statute of Limitations in Alberta
I heard that CMHC is usually sleeping at the wheel when it comes to collection after a bank makes a claim on a default mortgage and foreclosed home. If CMHC does not take action within the 2 years (in Alberta) to collect, is it correct that there cannot be and further proceedings? Where does day […]
Sharon
Was reading an answer to another question asked but did not get my answer from that. How is ODSP going to look at the fact that you went bankrupt are they going penalize me in any way. Posted from: Ontario
Bank account
Can a trustte take my money in my bank account if i have a savings account at moment of signing bankruptcy papers? Posted from: Alberta
New Bankruptcy Laws
My husband and I declared Bankruptcy individually in February 2009. It is our first bankruptcy and from what I`ve been told we should be automatically discharged in November. I`m reading about the new Bankruptcy Rules and more specifically Surplus income. We have averaged a surplus payment of $523.29 each per month since our bankruptcy began. […]
RRSP
I currently owe $80,000 in credit card debt and my wife and I are exploring bankruptcy as an option. My car is leased and coming due in 6 months. If I am in a bankruptcy proceeding and I cash in my RRSP to buy a car, are the proceeds considered surplus income? Posted from: Ontario
John
My wife and I separated over a year ago. Since then I have moved out of the province. Gave her everything. I paid off all bills incurred during the marriage, except the mortgage which she took over. She is now claiming bankruptcy… over a year and half later. Am I still responsible and will have […]
To let it go, is this an option?
I have over 50k$ in debts, all on my credit cards, and have no more job. Since 4months I ignore the phone calls for my late payments on them. What if I just continue to ignore it? Will there be a time where everything will start back to 0, or if I have to declare […]
r lamb
I am on disability in Ontario and have been for over 7yrs. I went through a separation from my spouse 2yrs ago and am unable to keep up with my debt. I only owe about $7500 to credit card and $1500 to overdraft through my bank. Because Disability over paid me, they are garnishing some […]