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Most Recent ‘Q&A’ Posts

Trying to help my friend

He s from alberta just move to ontario He had gambling ,family problem and such debt He doesn`t even know How much debt he has -Is he can file in ontario? or he has move back to alberta -He doesnt have any statement and info only he has bank cards Is this enough –

cmhc debt

hi and thank you for this site. am considering a bankruptcy. i lost my house over 7 years ago. a collection agency is after me for the cmhc debt. how long does the cmhc debt hang around my neck like an albatross. they have stated that they will garnishee my wages for the debt. this […]

aeroplan miles

A couple of months ago I used my aeroplan miles to purchase a flight this upcoming summer. I am now currently unable to work due to illness. If I were to file for bankruptcy, will I be forced to forfeit this flight?

overseas

our family has lived overseas for the past 3 years. we have not been able to keep up with our payments in canada and have not made any payment in the past 2 years. can we file for bankruptcy from overseas ? can you suggest a trustee ?? we used to live in Brampton Ontario.

trying to avoid creditor action as i go bankrupt

Hello, I was working for a company that was to pay me 65K a year.. i was also resposnsible for putting forward my own money for expenses in advance and then they would pay me back later. Turns out, I was a victim of corporate fraud/embezzlement and so on and the company went under.. I […]

Loans

I have student line of credit in the amount of $100,000 from Canadian financial institution and private student loans from US banks in the amount of $80,000. If I file for bankruptcy will these be discharged? Thanks in advance.

joint loans and bankruptcy

My common law husband and I co-owe on the mortgage, line of credit, and travel trailer loan. I want to declare bankruptcy due to my personal credit card debt (job loss). Do the joint debts become part of the bankruptcy?

Is my payday loan included in bankruptcy

I have an outstanding payday loan with a company in ontario (where I reside). I informed them that I will be filing for bankruptcy and I was told that I signed papers waiving all rights to include their loan in any bankruptcy. I was told by my trustee and I see on this blog that […]

Car

Can my parents buy or lease a car for me to use after I file for bankruptcy before I am discharged?

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