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I Have been disabled for approx. 3 years .I have been told that I will never be able to work again. I had just graduated with a masters degree in computer science. I have massive amount of debt ( credit card ,student loan ) .My only income now is from community services which is 450 […]
What happens if I go bankrupt and I have assets in another country. Will I also lose these assets, i.e. a part share in a property?
I have had my own business for a year now and My husband and I are having to file personal bankruptcy. We cannot keep up with credit card debts and loan payments I am taking every penny from my business to support the house right now. Will I lose my business ?
My common-law spouse and I will be separating shortly. I make $3000 per month. She makes $6000 per month. We have agreed that she will pay me support payments of $1000 per month. This is a private agreement made through our lawyer, and is not court-ordered. If this means she can`t afford her other payments […]
I recently took a year off work to pursue my education. I did so with the understanding that I would receive a gift from my relatives once they sold their home. However, their new home cost more than they expected, and they had to spend most of the proceeds from the sale of their property […]
Hello, I filed bankruptcy and have a discharge hearing next week. Most of my debt is generated due to my gambling habit (which I stopped almost a year ago, cost me almost my life). I regret what I did and will regret it rest of my life for sure. I was mentally distroyed due to […]
hello, I filed bankrupcy last year and now asked to go to court for hearing. since i declared bankrupcy, i have been making imcome surplus. Do I need a lawyer? Who else could be at the court hearing other than truestee and registrar? Thanks. Kevin
A secured creditor has threatened to come and take household items used as security. During bankruptcy, is there an orderly process for this? Does the trustee have to give the OK for any secured household items to be released or should one just be ready for a truck to show up? By law must any […]
My mom filed for bankruptcy about 2 weeks ago. When I tried to take some money out from my student account from the debit machine today, I had $0 balance in my account. What was left of my OSAP money ($400) was gone. I also couldn`t get into my account online. I now remember, for […]
Can a trustee collect money for him/herself from a bankrupt on assets considered as equity?
