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My brother in law passed away in January of this year and my sister in law has just recently sent us a cheque in the amount of 5K to be used for our children`s education in honour of their uncle. The cheque is made payable to both my husband and myself (we declared bankruptcy in […]
My wife is filing for bankruptcy, I had already removed my name for the credit cards we had together. She works full time and I work part time for a company we started but its been incorporated last year. Can you advise me on what would happen to my credit if only she files? We […]
My bank account is currently in overdraft… is this also wiped out through bankruptcy? Posted from: British Columbia
Hi, My Parents have $69,000 of unsecured debt. They have no real assets other than apartment contents and a vehicle less than $3000. One has an income of $35,000 and the other lost their job but is on govt retirement income. The one cannot find a job because medical conditions hinder his capability. They HATE […]
I am considering bankruptcy and am just wondering if my car gets paid for? Does the bankruptcy `people` pay for it? or does it go unpaid? Posted from: Ontario
We haven`t filed for bankruptcy at this point but will do so in the very near future. We have no equity in the home and have been told that we should be able to keep it. If our mortgage payments are up to date at the time of filing can we sell the property during […]
My wife and I owe about $75000 in unsecured debt and about $14000 in a car loan. We make roughly $90000 a year together. We are contemplating bankruptcy or a consumer proposal. Based on the info we `ve given, what do you suggest we do. And also another question, if we have to file bankruptcy […]
I`ve been making the minimum payments on my credit cards, line of credit etc for some time now. Becuause the interest rates and amount owing are so different they range from $50 to $550. I`ve read that you should not favour one creditor over another… is this what I`m doing by not paying them all […]
My wife and I have about 37 000 in unsecured debt , and we recently purchased a home that has lot of problems that we can`t afford to fix. Together we make about 4200 a month. We usually can make all our payments, but often borrow from lines of credit to pay bills and only […]
I am currently in the process of going bankrupt a 3rd time . What treatment can I expect to receive from the courts and what penalties? Posted from: Ontario
