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How do I proceed to file bankruptcy if I have no income or any assets of any real value. Single parent not gainfully employed (full time) for 4 years … Living with relatives … Revenue Cda/QC are both owed 1/o $$$ for previous tax years. If I have no income (Job) how do I pay […]
May 2007, we were discharged from bankruptcy. Last week a relative passed away, and when we were given a copy of the will, found that a large amount will be deducted from our families share of the estate. According to the papers this is for “previous loans” which would have all been dated previous to […]
To whom it may concern, Succinctly, what is the rule for a debtor in Ontario vis-a-vis 1) creditors and 2) collection agencies calling at work? In other words, it is my understanding that a debtor in Ontario can be called at work by the original creditor and that there is nothing one can do to […]
I arrived in Ontario in 2001 , after staying here for four years left Canada in May 2005 due to a family emergency. In that period I had accumulated about 30,000 dollars of consumer debt with a lion’s share of the debt occuring in January 2005. I returned to Toronto a week ago. My first […]
Me and my wife are salespeople who don’t get a monthly salary but are paid based on the sales made. The business is seasonal , We make an average of 10,000 dollars a month between May and October but in the winter months (December – February) we make almost nothing. The money that we save […]
If you keep a joint account with a relative and there is no debt directly affiliated with the bank that the account is with, if you file for bankruptcy, could the relatives credit rating be negatively affected?
If you have taken out a substantial amount of cash advances on a credit card for gambling, and even if over the years you’ve always made regular payments each month on your cards, do trustees consider this to be fraudulent debt?
Once you’ve met with a trustee and you’ve signed all the documents for bankruptcy, do creditors have a certain time period whereby they can still take money out of your bank accounts to cover credit card debts before creditors are ‘stayed’? If so, how much time do they have? Thank you.
Would it be to her advantage to claim bankruptcy as she is in debt of $60,000? She does not own a house but she does have pensions coming in. Most of her money goes to paying creditor. She has a car that she pays for but would not want to lose it as this is […]
As of today my husband left me and now transferred the mortgage now on my own name. He is under financial distress that he might file bankruptcy. Will they go after my house?
