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

secured line of credit and foreclousre

I have a secured line of credit with Scotiabank something odd was happening and I thought that there were unauthrized withdrawals. Scotiabank has now proceeded with foreclousre action. What happens next or how can I negociate repayment without paying back the full amount? Posted from: Ontario

Limits

Are there any differences if you file for bankruptsy for 10,000$ or if you file for 100,000$ or does it matter at all. Posted from: New Brunswick

Curious

I was wondering if I should pay off my credit cards before I file for bankruptcy. I was only interested in my student loan and was hoping I could keep my cards since I will be paying them off. Is that possible? My cards were used the most the past 2 months. Posted from: Newfoundland […]

Will it be fradulent activity

Hi: I am going for bankruptcy. Two years back I drew around 15,000 dollar cash from different credit cards in relatively short period of time (within one month) in a desperate situation and left country. One of the card was opened a month before this incident. I paid two/three installments partially after that. However, I […]

Spouse real estate

Several Questions: 1) Is bill C-12 in effect now? ie. 250000 consumer limits 2) The house is in my spouses name for a while now…are there any concerns re: Consumer proposals or bankruptcy with this? (no mortgage) 3) She also co-owns a recreational property with her parents, but I may be still on the mortgage? […]

Exempt Asset

Hi: Me and my wife are planning to file Bankruptcy individually (we have individual debt). The values of our asset (forced sale/garage sale value) are within the exempt amount of Ontario. Now my question is can we claim the following assets in the exemption list as part of exmpted property. 01. A used car valued […]

Ms.

I live commonlaw. We are considering filing for bankruptcy. We were told this would be our best option, instead of a consumer proposal. My question is this. Do we both have to file seperate bankruptcies, or can we file a joint bankruptcy. We both have seperate bills, and joint ones too. It would be a […]

Bankruptcy – Who can find out?

Can anyone go through the process of investigating and finding out whether a Canadian citizen has declared bankruptcy? If so how does one go about this…what is the process. Posted from: Ontario

Discharge Penalties

How long can a person`s bankruptcy be extended if one of the reasons for declaring bankruptcy is debts caused in part by gambling? Is there a time limit on how long it will be before eventually being disharged or does it depend on the caseload of the court system? Thank you. Posted from: Ontario

Previous Page
1 ... 224 225 226 227 228 ... 488
Next Page