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I think I`ll need to make a consumer proposal or declare bankruptcy soon. I stopped spending on my cards four months ago when I realized I was in financial trouble. Will this satisfy the trustee, or would it be considered fradulent because I hadn`t been keeping better track of my finances and should have recognized […]
I am currently NOT working, I do NOT have any assets of any significants. I owe Revenue Canada over $100,000. If I am unable to make ANY payments, as I am not working, can Revenue Canada FORCE me into bankruptcy ? Again, I have NO real assets of any kind. Thanks
if i just want to get rid of my credit card debt,will i lose my home?i will still continue to pay my mortgage.i just want to lose my credit cards..
My boyfriend and I are thinking of going bankrupt and I was talking about it to a friend and she told me that if you do that it will mess up your chances to do anything for 7 years you cannot build your credit back and it stays on your credit record even after the […]
Regarding the new Dec. 14, 2007 bankruptcy law, can you provide some details? Do you know what the new consumer proposal limit will be? Is there any estimate on when the laws will come into effect? Thx
My last loan was taken for the emergency. I had to take the trip overseas because of the illness of my father. My question is: is the trustee going to look for any receipts from airline tickets. I guess are they really looking for the proof how the mony was spent.
Hello, I`m thinking of filing bankruptcy for the first time, since I have been in trouble keeping up my monthly payments to unsecured debts(store credit, visa…). In the past, I have an amount of approx. $28K which I didn`t pay to a credit card yet; however the creditor had written off this account, but still […]
Assuming I have NO assets except for a car that is valued at $5000. I am NOT working. I owe Rev Canada about $140K. 1) Can Revenue Canada place a lean on my car ? If so, does that mean I can still drive my car ? 2) Can Revenue Canada seize my car ? […]
When filing for Personal Bankrupcy, how far back will a Trustee look at BANK STATEMENTS. Will it be 3 months back or 12 months back ? Thanks
I am having a very hard time making ends meet since my seperation.I am thinking of bankruptcy but i would like to know if it is possable to do but at the same time keep my leased car so i can continue traveling to work?Are there other options other than bankruptcy in Montreal that wouldnt […]
