Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

unemployment

can i collect unemployment if im bankrupt? Posted from: British Columbia

loan from mom

my downpayment of 10,000 was a loan from my mom, that is the only equity in the house, will she lose it if I claim bankruptcy Posted from: Ontario

I was told there is a cap of how much you can have to spend a month. I heard that you are only allowed to make 1200 a month and that has to pay for your rent, car payment and other living expenses. Is this true? Posted from: Ontario

Court costs

I am owed $52,000 in court costs, from a Family Court trial. If my ex, the debtor, goes bankrupt will I see any of that money? Posted from: Manitoba

What if Student loan is not included in the Bankruptcy

If i filed a bankruptcy based on the five years exception and the judge did not agree, will I have to wait another two years before the the student loan is considered for automatic discharge while in this first bankruptcy or do I have to file a new bankruptcy ? Posted from: Quebec

ponzi scheme

If we are in debt over $340,000.00 due to a ponzi scheme from five years ago and our house is worth around $600,000.00 can we declare bankruptcy and keep our house? We are living on a pension getting further in debt every day and looking for full time employment. Posted from: Ontario

being released from Bankrupcy

suppose, I am in personal Bankruptcy with a due release of with in 9 months. Now unexpectedly, I win a very high winning, say 10 Mil. my debt is 50,000. What would happen in this situation? Posted from: Nova Scotia

2nd Time Bankrupt?

I had (and completed) a consumer proposal in 1995. After becoming disabled, I am now considered bankruptcy. Will I be considered a first-time bankrupt, or will I be a second-time bankrupt due to the previous consumer proposal? Posted from: Nova Scotia

Arrears

My name is kristen, Me and my husband own a house and have fallen into 15,000 dollar debt, my insurance was canceled on my house and due to the goverments issues with horse racing in ontario, are jobs were taken away!! my husband has gone to get work on a farm in the states and […]

changed mind

after filing for bankruptcy,I changed my mind n dont want to go through with it all. What do i do? Posted from: Alberta

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