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I am thinking of going bankrupt. My spouse and I have a joint chequing account (our main account with our pay cheques going into this account), as well as a VISA credit card. Both accounts often go overdraft. How would this account affect my spouse? Can the creditors take money out of the chequing account? […]
what can i do to take care of a business loan and credit card debt, with no collateral, and no co-signer? Posted from: Ontario
I am single now. My wife left about a year ago. Her name is still on the morage. I am have touble makeing the payments. Just like to know if I file for bandruptcy how this will effect her? Posted from: Prince Edward Island
My company, a limited company, has been defunct for almost 4 years now. There is an outstanding business credit debt of approx 35,000.00. I have been making the interest only payments on this out of my own pocket and find I can not continue this. There is no hope of ever getting this paid off. […]
I have a small company and an acreage . If I sell the company then there would enough collateral in our acreage that I would be eligible for the $40,000 mortgage exemption. What if it takes say 6 months into the bankrupsy for the company to sell. Would we still be eligible for this exemption […]
‘—Can an individual file an assignment on unpaid loan to CMHC —-is CMHC a Federally owned and operated organization? Posted from: Ontario
What happens if your mortgage payment and car leasing payment per month is way more than the alloted amount per month and these payments have never been behind ie mortgage is 1810 per month and car payment is 530 per month Posted from: Alberta
Is it possible to keep both my vehicles after bankrupcty? One vehicle is worth more than $10,000 and I`m making monthly payments on and the other is paid off but worth less tha $5000. My wife and I need both vehicles for work, and hoping that if we do file for bankruptcy we can keep […]
We have 2 Ltd. companies and they both are a maxxed to the limit, we also have numerous credit cards and loans exceeding limits. We signed personal gaurantees on these businesses and LOC`s. My question is what happens to these broke companies? All taxes are paid but loc`s are maxxed, so I`m thinking about personal […]
my divorce has left me struggling to keep my head above water. my line of credit and credit card is maxed. i used them to pay legal costs. and became unemployed so it helped me to live and pay bills until i found employement. i am embarrassed to even consider bankruptcy. but as the days […]
