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Most Recent ‘Q&A’ Posts

Gift or Loan and Bankruptcy

I have a question regarding a man that helped me out financially and was a gift, he is now trying to say it was a loan and is now going after me in small claims court for quite a large amount of money. Can I declare bankruptcy on a situation such as this? Posted from: […]

Will I lose my mutual fund license if I file for bankruptcy?

Will I lose my mutual fund license if I file for bankruptcy?  I am considering bankruptcy due to high revolving credit balances that I have never missed a payment on but due to my husbands employment situation the past few years our income has reduced significantly and our balances have continued to grow and we […]

Debt in BC working in the US

I have a large debt with revenue Canada and want to file bankruptcy but I am currently working in the US. Can they come after my income in the US? Will my debt affect my spouse? Posted from: British Columbia

Bankruptcy – Board of Directors

Can an individual who has declared bankruptcy sit on a board for a non-profit registered society as a “PRESIDENT” with signing authority to the bank accounts? Posted from: British Columbia

Hydro Quebec Debt

Is Hydro Quebec debt included in a bankruptcy? Posted from: Quebec

Absolute Order of discharge

Absolute Order of discharge – I did not complete my income and expenses due to medical situation. This happened in 2006 can I have a trustee file my income and expenses to obtain my discharge? What do I need to do to complete this? Posted from: Ontario

My wife is filing bankruptcy – What does that mean for me?

Hello. My wife and I split up 3 years ago. NO courts, no divorce nothing of that sort. We have a house together ( with very little equity ) Also both our names are on a Vehicle loan and I cosigned a line of credit for her. Recently she told me she plans on filing […]

I need some debt advice. HELP!!!

I have about $50,000 in credit card debt and a consolidation loan. I am on LTDI and won’t be going back to work. Because of being on LTDI my salary has dropped to about $52,000. I am able to make all of payments. I have never missed a payment and all of my payments have […]

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