land ownership dispute
What happens with any monies that is locked in a courts trust until the court decides ownersip of the sold property, if one party files bankruptcy?
Q&A: Answers to Questions
Most Recent ‘Q&A’ Posts
Will helping my sister be a problem?
My sister has moved abroad but still has a lot of bills to pay in Canada. What we`ve always done is, she sends me money, and I pay all of her bills for her. This amounts to about $2000 coming in and out of my account every month – money that is in no way […]
Laws on joint vs. separate filing
Hi, my common law spouse and I will be looking at filing for bankruptcy. We are not married and have never filed joint income tax returns. Our problems are due to consumer debt and the fact that we own a mobile home that was worth $90000, but is now unsellable as the trailer park we […]
propose a deal
I have `Indebtedness To The Bank Of Montreal` some $30 000. Can I propose a deal were I pay 60 cents on the dollar?
small claims law suit
just wondering i am in ontario…if i am sued in small claims and don`t attend, I know they will get a default judgment. But, afterwards will they go for `an examination hearing?` Is that typical? I am concerned because if one does not attend an `examination hearing`, I understand one can be held in contempt […]
Co-Signer
My Mother co-signed for furniture for me, but she recently paid off that loan just to get rid of it. I now pay her monthly. Will me filing bankruptcy affect her rating still and if not, will she need to know about it?
Need help….Fast!
I have taken a job loss due to relocation. I work 2 days a week and cannot afford my monthly payments on credit cards and student loans. Total debt owing approx. 16,000.00. I do not own a house. It is in my spouses name due to my bad credit rating. Will filing bankruptcy affect my […]
Rentes in house
I have renters in my house. I am going to claim bankruptcy, what are the procedures that the bank will take and how long do the renters have to stay in the home
Bankruptcy
I was wondering how the equity on my house would be calcultated. Here are some details: The value of the property: $340,000.00 Remaining mortgage: $312,261.43. Term remaining on the mortgage: 3 years 3 months The outstanding property taxes: $5,000.00 I really appreciate it if could please let me know the approximate equity on the house […]
How to
How do i file for bankruptcy