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Most Recent ‘Q&A’ Posts

2 provinces

I moved from B.C. to live with my parents in New Brunswick (I am now a resident of N.B.) trying to pay off my credit card debt. My plan has not worked out and I am on EI right now. I still own a townhome in B.C. with a morgtgage 170,000. The townhouse would sell […]

Mother with mental ilness

My single mother had become mentally unstable as of last year. As time went on she became more and more irrational and stopped caring about her priorities. As it stands now, or general bills like phone, internet, car, etc have not been payed for months as well as her credit card debt which is in […]

Freeze my bank account

Does the trustee freeze my bank account and take any funds in there at the start of the bankruptcy? Do I need to remove the funds if they are allocated for rent/food? Posted from: British Columbia

bankruptcy

If a wife has large credit card debt that the husband didn’t sign for can she claim personal bankruptcy. They are married and their home is paid for. The house is in both names. She has no vehicles in her name. Can one party claim bankruptcy or what happens in a situation like this. Posted […]

surplus payments

Just a couple of quick questions about surplus payments. If you end up with a 21 month bankruptcy are the payment amounts established in the first nine months? what happens in say month 13 if you get a promotion or raise, will the monthly payment go up? Posted from: Ontario

Retirement Bankruptcy

I am 70 years old and have a debt of about $45000. I am self employed and have had my work days cut to one third (4 days a month). I am suffering from the usual age related conditions; loss of memory, dexterity, reasoning, etc. and am finding it exceedingly difficult to work and don’t […]

Change in discharge time???

I filed with a trustee in Oct 2012, as a 1st time bankruptcy. She said it would be 9 months to discharge. Had a counsel session with her in Jan 2013, she says its going to be 21 months until I am discharged! Is this common? Should I get a second opinion??? Posted from: Alberta

EI Overpayment

I have approximately 32k in EI overpayments accumulated from interest. If i file for bankruptcy, can the government still collect this debt after I am discharged? Furthermore, can the government garnish my wages during this period? Posted from: Ontario

Bankruptcy and Disability

Hello, I am on disability and get 996.00 a month. How will my disability be affected if I declare bankruptcy. Posted from: Ontario

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