Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

early discharge

If I am currently in bankruptcy can I get a loan to pay out the trustee before the nine months? Can I get an early discharge by doing so? This is my first bankruptcy. Posted from: Ontario

If I return my leased vehicle to the dealer and there is an amount owing for the mileage on the vehicle. What happens to the money owing if I can`t pay it and no one will provide me financing for it? Posted from: Ontario

Cancelling a Bankruptcy

Can I change my mind and cancel a bankruptcy before I am discharge? Or about a month after filling for bankruptcy? Posted from: Quebec

joint debt

If i claim personal bankruptcy for my personal debt will the person i have joint debt with have to claim bankruptcy and lose his half of the assesets or will he assume the debt for the joint debt Posted from: Ontario

director liability and bankruptcy

I co-signed a business ( sole prop ) loan. Am I liable if the borrower declares bankruptcy ? Can the Bank or anyone else come after me ? Can the Bank or anyone else come after me ? Thanks a million for your input……. Posted from: Ontario

Bankruptcy and impact on director

My husband is from Ontario Canada but lives in the US now. He has a company In Canada that might go into bankruptcy, how will that effect him in the us? he does have a green card in the US and his a Canadian citizen. will his personal assets here in the US be at […]

Unemployment and Bankruptcy

Can a person declare bankruptcy while unemployed? I was laid off in the first week of May and I have started recieving EI. The EI payments will end next April. I have about 120K in debt. About 75K of the debt is covered by credit insurance which pays the minimum payment (3% – 5% per […]

How will my business` bankruptcy affect my personal financial situation

The business that I own will most likely go bankrupt, the business has bank loans (for the business start-up) the 2 owners have signed personal guarantees, I have credit cards and loans that I pay without any problems, can I get protection from only one selected creditor ie the lending bank from the business? Posted […]

How does a bankruptcy affect my husband?

If I declare personal bankruptcy, does my husband have to be involved Posted from: Newfoundland and Labrador

discharge denied

does bankruptcy, go forever if your not discharged? Posted from: British Columbia

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