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Most Recent ‘Q&A’ Posts

Secondary Card Holder

I was a seconday card holder on my mothers credit card account. I have not used the card for many years. She was recently discharged from bankruptcy. The creditor is trying to come after me now to pay the amount that she was dischargef from. So they want to be liable for her debt even […]

family size

I have two childen who live with my ex. We have joint custody and she has primary residence with the children. I pay child support in the amount of $1100 a month. I get the children every second weekend, and one day a week. During this time, I am responsible for their meals, accomodations, etc… […]

mandatory surplus income

I understand that there are new regulations that are awaiting ascent in the house of commons, namely Mandatory suplus income and extending the legth of discharge from 9 months to 21 months. When you look at a person`s monthly income, most months have two pay periods, but on occassion the month will have 3 pay […]

child tax benefit

I have received a notice from child tax benefit, gst as well as the universal child care supplement saying that they overpaid me by over $4000 (combined). I am in the process of considering bankruptcy due to a horrible marriage that left me with nothing but a pile of debts in my name. If I […]

hardship

i am currently considering separating from my common law partner; this will cause a significant financial strain as he make 3 times as much as me and the cost of living here in really high. I have student loans that will reach 7 years old in May 2009. I understand that i may be able […]

purchases before bankrupcy

If I bought a computer one week before declaring bankruptcy, and I put it on the credit card, I understand I will be asked to pay it back. My question is will I be allowed to pay it off by month, as If I was paying off the credit card, or what is the usual […]

What do I loose?

Will I loose my house and or any personal belongings ie: jewellery, tv`s, cars etc, if I choose a proposal. Posted from: Alberta

Undischarged Bankruptcy

I will not be discharged from bankruptcy until Feruary 2009. Is it possible to get a mortgage loan while not discharged? If so how hard will it be? Posted from: Newfoundland and Labrador

business

If I file personal bankruptcy and I own 1/3 of a business which is a corporation, does the Bankruptcy affect the corporation or the other owners in any way? Posted from: Ontario

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