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This is actually a follow up to an earlier post.. I had stayed in te U.S for a few years and had accumulated 35,000 dollars in credit card debt when I left the country in 1995. In 2008 I`am saddled with an approximate 180K Canadian debt. If I declare bankruptcy will the U.S debt with […]
I read that when you meet with a Licensed Insolvency Trustee, you are required to file a tax return. This is a two part question. Assuming I file for bankruptcy in JUNE/08 My taxes for 2007 have been submitted to Rev Can and has been assessed by me. Someone needs to file for 2008 ( […]
Iam a married woman and have quite a lot of debt of my own which my husband does not know about. My question is can I call bankruptcy myself without interferring with my husband and children? Posted from: Ontario
I was involve in a serious accident four years ago which I could not work. The insurance Co. cut me off any replacement income since `06. To date, I`m still fighting with the insurance company. Recently my husband and I filed for joint personal bankruptcy. My husband works full time but it doesn`t cover all […]
I have both assets and debts in the U.S and Canada. I have about 30,000 dollars in unsecured U.S debt with 10,000 dollars in cash. In Canada I have 50,000 dollars in equity in my home and 120,000 dollar unsecured debt. I currently work in the U.S and rent an apartment there. My wife and […]
Am I required to include ALL debts in bankruptcy even if the debtor is an U.S company and the debt MIGHT be statute barred there? I spent a few years in the U.S before moving to Canada in 1995. At the time of leaving the country I owed creditors in the U.S a total of […]
My common-law spouse filed bankruptcy in 2002. 3 weeks later he was committed to the hospital for attempted suicide. I met him one year later. We got a car loan in 2004 together as he told me that he only filled the paper but it was never filed. Surprisingly, we got the loan. Afterwards, I […]
As a creditor , should I be suspicious of any debtor who files a consumer proposal instead of bankruptcy? What is the advantage , to a honest debtor , of proposing a settlement when he can walk out of the debts in nine months by declaring bankruptcy? Either he has significant assets , significant surplus […]
If a person has a car loan from Bank X, and this person realizes that the bank didn`t ever register a lien for the car that was purchased, what will happen to the car/loan if this person files a consumer proposal or bankruptcy?? Posted from: Alberta
If I own a piece of property in Winnipeg, can I still declare personal bankruptcy in Nova Scotia Posted from: Nova Scotia
