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Hello. My question is very simple. A business venture I began is failing. If it fails and I am forced to declare personal bankruptcy, can the remainder of the lease be included as a debt, since the balance of it will become due if I vacate the premise or begin missing payments. Thank you for […]
I have been considering bankruptcy for the past several months. It has now gotten to the point that I have fallen 1 month behind in payments to my credit cards with only 1 late payment previous to this one. The creditor is now calling my home. So far I have managed to avoid the call […]
I FILED FOR BANKRUPTCY IN JANUARY. TWO MONTHS LATER, IN A SETTLEMENT WITH MY EX-WIFE, A RETROACTIVE SUPPORT ORDER WAS ISSUED. THE TRUSTEE ENTERED THE CLAIM AND ALLOWED MY EX-WIFE TO OPPOSE MY DISCHARGE. MY COUNSEL HAS PROVEN IN COURT THAT BECAUSE OF THE TIMING AND BIA S.121(4) THAT MY EX-WIFE’S CLAIM WAS NOT PROVABLE […]
i’m a Nova Scotia resident, and I have a line of credit (unsecured) debt. what happened was that i got a great job in the US, moved down, used the line of credit as a down payment on a house (because i had no credit history in US, the down payment had to be big) […]
I am planning to roll my almost-10-year old student loans into my almost-10-year-old bankruptcy by having a motion made to the courts to do so. How much will this cost me (ballpark)? Is it cheaper (and/or better) to go with a trustee for this or a lawyer. Is there anyone you can recommend, given that […]
Hi, I’m currently in a consumer proposal that will probably last another 2-3 years. The CCRA is one of the creditors in the proposal, I owed a substantial amount of back-taxes. If I start contributing to an RRSP right now, will this be perceived negatively by the goverment since they could think I have this […]
My enquiry is can a Canadian collection agency successfully collect debts for a UK Bank. Through the Canadian Courts. My debt is £5758.64. From a non secured personal loan.
I recently accepted a cheque for $1117.00 from a person as payment for services. The cheque was returned NSF. I found that the person was actually a bankrupt when he wrote the cheque. What do I do now? Is it a crime in Canada to issue a rubber cheque like it is in the U.S? […]
Hi.When somebody declares personal bankruptcy, what details, if any, are in the public domain? Is the *fact* that they have declared bankruptcy available in a database / registry somewhere? Thanks in advance.
95% of my debt is student loans; however I’ve not been out of school for 10 years. the 10 year date will be Aug. 2008. When do I apply so that debt will be included—in Aug 2008 or 9 months previously so that by the time my duties are complete the Aug 2008 date will […]
