Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

will they force me to declare bankrupt

If I file a consumer proposal, will the creditors reject my proposal and force me to declare bankruptcy and sell my house to pay off thr unsecured debt? My credit card debts are around $80,000 and if I sell my house I might get $50,000 after paying the mortgage Posted from: Alberta

Travel inquiry

I heard that once you claim bankruptcy that you are not allowed to travel out of the country for X amount of years, is this true? I’m considering it and my boyfriend lives in England. It’s not an option for me if this is true. Posted from: Alberta

Bankruptcy question

I just claimed bankruptcy 5 months ago, due to foreclosure of a home. I just received a MIF deficiency judgment, today in the mail. Can they still come after me even tho I claimed bankruptcy, it’s the long weekend and nobody is available to help… Posted from: Ontario

Bankruptcy

I owe 5500 on my bankruptcy as my life gets slightly better the amount I owe keeps growing and growing I cannot pay the monthly amount they want and a lower payment just means this debt goes on forever how do I fix this Posted from: Ontario

Wabasca

I purchased a brand new home in 2011. In March of 2013 we discovered that our home was not attached to the town sewer and the piping was never glued. Insurance has denied me because of contractor failure. Everywhere I try to get answers and help I get nowhere. I have approx. 1/2 million in […]

Question

I am required to use my vehicle for work and I am paid a per kilometer allowance for this, Is this income? Posted from: Nova Scotia

Car Repo

My car was just repo since I was behind 3 payments, if I claim bankrupsy what will happen? Also will I lose my house in bankrupsy if I am behind on taxes? Posted from: Ontario

I own a home but I rent it out. I live with my boyfriend

I am wondering what’s happens with the home I own. I do not live in it at present. I have been renting it out for over a year and live with my common law spouse. Is it exempt from distribution ? Thank you Posted from: Alberta

Truck Repo

I have a 2012 Dodge Ram truck I cannot afford to drive it back and forth to work 150.00 week (110 kms) my payments are all up to date. I called the bank for a voluntary repo but was told I would still have to pay the remaining monies after they sell the truck. Question, […]

Bancruptcy

What can I do if I feel that my bankruptcy has not been handled correctly by staff in office of trustee. Posted from: Alberta

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