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Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

help

i am considering going bankrupt,,,my question is I am on my fathers bank account but not authorized to do any banking unless he dies,,,if i go bankrupt will they touch his bank account.?

co-owned property

What happens in a common-law separation when there is a co-owned property and one person declares bankrupcy

Marriage & Bankruptcy

I am going to be getting married in a few weeks, however my Fiance needs to file for personal bankruptcy. How will I be affected? Should he try and fill out all the paperwork before our wedding, or can it wait until afterward?

Judgement – being sued

How does going bankrupt affect my situation if I am being sued by another person. Do I still have to pay the amount that I am being sued for. I have received a judgment paper from court for the amount I am being sued for and it is alot of money. Will applying for bankrupty […]

proposal and house equity

If I file a proposal which involves paying out the equity in my house plus additional, is there a lien on my house? Am I free to sell it and pay the payments with the proceeds? Alternatively, if a relative were to give me the lump sum amount of equity in my home and I […]

debts owed in the US

I’m a Canadian residing in Ontario. I worked in the states on a green card and racked up a bunch of credit card debt that I can’t pay back. What are my options of living outside of the US and filing bankruptcy there? Can my creditors there follow me to Canada?

Disability and Debt

I receive approx $885 per month for disability via BC Gov’t. I have a $6000 credit card debt and can barely make the payments each month, especially because the interest rate is SO high. I don’t have any assets, I share rental accomodation and do not have a vehicle. Should I just file for bankruptcy […]

discharge hearing advice

our bankruptcy discharge hearing is in the near future and we assumed that this is part of our trustee’s responsibility is to go with us(since we don’t fully understand this process) but we have been told that this would cost extra for this service. Is it necessary for the trustee to attend this hearing? What […]

Bankruptcy

I will be retiring in approx. 15 months. Should I wait til then to file bankruptcy? What is my best option

Death and bankruptcy

If the estate of a deceased person files for bankruptcy will it ultimately be discharged.

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