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Certain websites that I have been browsing suggest that once the debt goes to a collection agent it may be better to offer to settle the debt for a low percentage threatening them that bankruptcy may get them even less rather than actually going through with a consumer proposal or bankruptcy. Example: You have 50K […]
I have debt of about 75K and I currently have an annual gross income of about 25K. My wife makes about 28K a year. We have one kid. Due to a crisis in her family my wife has been sending most of her earnings back to her mother for the past 6 months. We used […]
I just received my Discharge certificate so, Whom should I notify about my discharge or send a copy????
I have an 1980 old student loan from Ontario and I have not paid it back. I have been having problems with long term employment because I live in a seasonal tourist area. Moving is not an option due to family. Can I go and declare bankruptcy?
I had borrowed money from a very well known , high profile lender who advertises heavily and who deals primarily with high risk borrowers. When I got into financial trouble and called their loan specialist to negotiate a payment plan , this person encouraged me to lie about my income to my insurance company so […]
What could happen to someone if they have filed for banruptcy but has not followed through with the monthly requirements and payments set out by his trustee? Thanks for your help.
What are the legal obligations of the wife of a person declaring Bankruptcy? Must she meet with the trustee/creditors? Are they permitted to question her under oath? If she has information about any asset that her husband has hidden from the trustee is she legally obligated to tell the trustee about it? Can she be […]
So I�m looking at turning over my truck to the financer. Since I can’t afford to take taxi’s ($40 one way) to work and require a vehicle for work, my father is piecing together a 1997 clunker to give me as I am flat broke and need a way to work. The van is not […]
My husband and I are separated – do we both get to keep a vehicle valued at $5650 if living in Ontario?? My vehicle’s value is under $5000 – so I don’t have to worry – but my husbands is approx $15,000.00 if he chooses to keep the vehicle – will he have to buy […]
I have about 46 thousand in unsecured loans/credit line/ credit cards. I will be unable to pay them when I start my parental leave what can I do? Do my creditors have any claim on my property (I don’t own a house or car)?
