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Most Recent ‘Q&A’ Posts

fraud

i have a close friend who has claimed bankruptcy at the advice of her boss she earns in excess of 3000.00 per month as a subcontracter. her boss submitted a cover letter for 1/2 that amount, he cashes her cheques and has her deposit to her account a sum that matches the fake payroll he […]

dilemma

I have been making payments for over almost two years on all my loans. I have decided to go for bankruptcy. My income at the time of signing up for loan agreements was shown very high. And I have been working at a job with low wages for a little more than a year now. […]

windfalls

the labour board has found that i was unjustly dismissed from my job, and i will be receiving a monetary settlement from my former employer. how does this affect my bankruptcy

bankrupcy

which creditors donot enter ito program

I don`t know what else to do!

I am a 24 year old student in college in Ontario. I got involved in a property in January of this year and everything is falling apart. The mortgage is $177,000, and the house is only worth $125,000 (according to the latest city appraisal). Everything in the house is falling apart, the sewage pipe has […]

Child tax benefits

Hi there, My question today is: I`ve been receiving calls from collection agency for debts I owe. If I don`t have ability to pay them, will they go after my child`s Child Tax Benefits which is deposited monthly into my account? Please advise

Surplus Income

I have a 19 yr old son that lives with me. He works a part-time job but is not in school. He pays for personal items such as razors, deoderant and clothing. I pay the rent and hydro as well as all the household expenses. Would I have to claim his income under Surplus Income […]

Credit Cards

Hi I was wondering if I would be responsible, for the credit card debt,if I have a supplementary card. my husband is the prime card holder

finacial ruin

If i am a bank teller and am thinking of a claiming bankruptcy can i lose my job? and if my plans had been in the future to do my mutual funds to become a personal banker is that impossible after bankruptcy?

credit cards

Hi there, I have owed some credit cards and student loans, and thinking of going to bankcrupt. However, on some credit cards, I have zero balance. My question is: if I go bankcrupt, can I keep the credit cards that have zero balance, and use them after I finish the discharge period(9 months)? please advise.

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