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Most Recent ‘Q&A’ Posts

how to fight a lien

if a lien is placed on your property, will this be settled through court judgment? And if so will both parties be contacted when the judgment will happen Thanks Posted from: Ontario

owner

can i go bankruptcy on my company, its not incorperated, and will it effect my personal finances Posted from: Ontario

using credit cards

I have a good income but a very high debt load which now i am onlly able to make minimum payments to my credit cards and i find myself every month using what i can and maxing them out again. I often have taken cash advances such as 100 to 300 dollars. i have heard […]

Bankruptcy

If I`ve filed bankruptcy, can a creditor to draw my money from my bank account directly? Posted from: British Columbia

bankruptcy

If there is a writ on my home and that rit holder is alos a creditor in my bankruptcy does his writ come off and does he need leave of court to enforce his writ Posted from: Alberta

Collateral on Debt

Hello, I`m considering the bankruptcy option and have a question. One of my debts is to a finance company which was secured with household goods (TV, computer, etc.) These goods aren`t now worth what they were at the time of the loan. Does this matter? If I arrange for these items to be picked up, […]

Car

I finance a car through a bank and have 6 payments left owing on the car, now I have to declaire bankrupcy due to job loss and accumulating bills, my question is how can I do this without losing my car? can the bank take it away even though it`s estimated value is $5000. or […]

car

Unfortunately I lost my job and my house and all I had was my car.. even though it had a loan/lean on it.. I sold it to a friend of a fraction of the cost.. because I didn`t have any money .. I will be filing for bankruptcy in the coming year.. but I`m wondering […]

judgements

what is the processed involved in getting a judgment/garnishee order against a person and how long does the process take? Are the hearings for the jusgement and garishee separate or done at the same time? Posted from: Alberta

Is my spousal RRSP rollover at risk if husband declares bankrupty?

I am in the process of negotiating my separation agreement. Because of plummeting stock prices, my husband has requested that the RRSP spousal rollover agreed upon in the agreement be delayed for a period of one year after signing in the hope that the stock market will improve during that time. Would my spousal RRSP […]

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