re; inheritance
i am recently seperated…in fiancial disaster, i wa about to claim bankruptcy and found i was left a sum of money. do i get to keep the money?…is inheritance exempt?/ Posted from: New Brunswick
Q&A: Answers to Questions
Most Recent ‘Q&A’ Posts
bankruptcy and lottery wins
I just declared bankruptcy due to an impending divorce and significant financial costs associated with it. My question is what would happen if I won the lottery during my period of bankruptcy. I understand any winnings would be held as part of my assets. However, once all of the debts are paid in full would […]
Suplus Income…
Let`s say that I have filed for personal bankruptcy. My family consists of my wife and my son. My wife works and brings home $3400/mo (take home). Since I am not working, I have no surplus income, hence I don`t have to pay anything to a trustee. I was told that I would be discharged […]
credit cards applied for on line ?
Hello, just a question, i am considering bankruptcy very shortly and am married and own a home with no equity available! i have several credit cards that i applied for on-line, with my husband as a co-applicant on the online application … he is claiming that because he did not physically sign for any of […]
Exact amount owing to creditors
When I file for bankruptcy, do I simply give the trustee the creditors name and approx amount owing ? Does the amount owing HAVE TO be exact or is it enough simply to state that this is the creditor and this is the approx amt owing. Do I have to worry that I actually owe […]
Can a person go bankrupt if they quit or lose their job
Can a person go bankrupt if they quit or lose their job? Posted from: Ontario
Filing and Creditors
Hope you can help me on this one question. Once I file for personal bankruptcy, can any creditor (unsecured) demand payment and/or take legal action against me, which includes their legal costs, incurred to collect $$ from me ? Thank-you Posted from: Ontario
share title on the house
Hi, 4 years ago, I and my ex-boyfriend bought a house. My name was on the title for 2 years then we were broken up. I took my name off after he agreed to pay me back the initial deposit of $15K. Due to the relative death back home, I spent this money to help […]
What happens to my credit as a co-signer?
My Common-Law Spouse is claiming bankruptcy. We are separated. I have co-signed on a few of his loans including a line of credit, a leased vehicle, and we have a joint credit card together. Both of our names are also on the mortgage of our home. At this point I am unable to remove his […]
bankruptcy and Social Services
Can I file for bankruptcy while on Social Services? Posted from: Ontario