Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More

Free Consultation

Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

royal bank

if i file bankruptsywhy do you say there would be a problem if our car loan is with royal bank?do they usually seize the vehicle? Posted from: Ontario

HOUSE EQUITY WILL BE DIVIDED ?

I have no alternative -just bankruptcy. I am living in a common in law relationship. We own a house with some equity.( much less then my debts). If I go bankrupt ,will be the equity divided 50-50 between my common in law and creditors? Posted from: Ontario

Official Reciever

Is the Official Receiver an officer of the courts? Posted from: Alberta

Coomom law and I each have a car

I have sadly gotten over my head with debt since my income has slowed down and just can`t seem to recover so I have decided to go bankrupt. I am worried though about losing my car. My common law partner and I each have our own cars in our own names. We both also have […]

vehicles

I am looking at having to file a division 1 consumer proposal and if not approved than i will be bankrupt. My husband and i both need to do this. If we go bankrupt separately can we keep both vehicles. We are financing both and still owe more than the vehicles are worth. Do most […]

Senior and in debt

I am 64 and owe several thousand to CRA for income taxes for 2006, 2007, 2008. I live with my daughter and have no assets as previously declared corporate bankruptcy in 2005 (lost everything). I am considering declaring personal bankruptcy. If I do, can CRA garness any CPP and OAS payments that I am/will receive? […]

Bankruptcy at age 68, receiving alomony

My mother in law is 68 and has never worked. She receives alimony from her ex husband of 35 years…he is now retiring and her amount will decrease. She has $35,000 in credit card debt, and about $10,000 in taxes, lives in an apartment but has $150,000 in some sort of locked investment she recieved […]

my truck

i really need my truck for work it may be worth more than the max value can i sell it and lease back before i enter bankruptcy Posted from: British Columbia

business bankruptcy

Hi I am looking a filing for bankruptcy in regards to my business everything is in my name, will my husband be effected by this. Also I have a promissory note from the people I bought the business from I had borrowed money from them for the business, would that be added to the bankruptcy, […]

income is creditor proof

If a person`s income is creditor proof, can they still get out from under a mountain of debt wihtout filing bankrupcy? Posted from: British Columbia

Previous Page
1 ... 202 203 204 205 206 ... 488
Next Page