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Most Recent ‘Q&A’ Posts

Credit Cards and RRSP

After an initial first free consultation with a Licensed Insolvency Trustee ; Can you choose to make a decision about cashing or withdrawing your RRSP, if you choose to declare banktuptcy, without being penalised. Also after a free consultation can you still use your credit cards before you declare bankruptcy.

My Promissory Note

Is a promissory note legal and if a person claims bancruptcy can they get the money back as a creditroy

payments

I plan on declaring bankruptcy in the very near future – the debts are too large – I am on a pension – that is the only income I have. I have stopped making payments to my creditors – who have been calling. Should I try to make small payments to the creditors – until […]

bankrubtcy

if i stop pay my morgag how many weeks or month the bank give me befor he took the home from me

bankruptcy

hi… i have alot of credit card and unsecure loan i used all of them and i want to declear bankruptcy my qustion if they think there is afraud on my bankruptcy did i go gall

U.S and Canadian debts combined

Are U.S. debts included/eligible in a Canadian bankruptcy? If a Canadian citizen is returning to Canada after years working in the U.S. and has accumulated excessive U.S. and Canadian debt, will Canadian bankruptcy manage U.S. debts?

Realizable Assets

I saw this term ‘realizable assets’ in one of your recent answers to a bankruptcy question … can you explain what this term means and give an example or two?

borrowing

how long after bankruptcy can i borrow on my mortgage to say do home renovations?

Liquidation of assets

I sold one of my 2 cars 6 months ago and now am thinking of bankruptcy due to unmanageable debt load. Is there a time limit preceeding a bankruptcy where action can be taken against me?

how much debt do you have to have

How much debt do you have to be in before you can declare bankruptcy , I am a single mother I owe at least 25,000 dollars. I do not own my own home My care is not worth more than 2,000.

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