pension income
I am living on a company pension. If I claim bankruptcy to get a fresh start but have surplus income…..will I be required to pay surplus income from my pension?? Thank you.
Q&A: Answers to Questions
Most Recent ‘Q&A’ Posts
conditional discharge
“Conditional discharge” is no discharge at all. The bankruptcy registrar ordered payments of surplus income for ten years because my discharge was opposed by my ex=wife and NOT because of support payments. I am broke and cannot afford a bankruptcy lawyer. Can you tell me if under the present bankruptcy laws, the registrar can order […]
Unsecured debt over $75,000
I have unsecured debts from 6 credit cards, 1 credit line, one loan and one consumer credit loan totalling $127,000. As my take home pay is only $2,800 per month, I cannot afford to pay it all back. Would a Division I proposal be an alternative to bankruptcy for me? I could probably borrow $20,000 […]
Spousal Responsibilities
I am the sole proprietor of my business which has been the only source of income for my family. My wife helped out with paperwork and I gave her signing rights on the business bank accounts to facilitate handling the day to day operations. Still, she has no interest in the business itself and does […]
bankrupcy and welfare
can a person on welfare file for bankrupcy and still collect welfare.
Credit cards
Are supplementary card holders liable for the the primary card holders debts if the primary card holder declares bankruptcy? The supplementary card holder did not sign any agreements at any time.
Can I be forced to move to earn income?
I took an unpaid leave from my permanent job in Ontario to join my fiancee in Saskatchewan. I haven’t been able to find anything but temporary work here, and can’t pay my substantial bills. My old job just barely covered my loan payments when I lived for free with my parents in Ontario. Since I […]
self-employed debts
I recently closed my business, owned soly by me, I owe for almost a year of PST and 6 months worth of GST for the business, I was considering doing a proposal but im not sure whether moneys owed to the government can be included. also if they are not able to be included in […]
Can you keep your home after filing for bankruptcy
My Husband has recently lost his job Late last year, and we have been dealing with crediters, most have been very complient with making alternative payment arrangments ie: no interest for so many months ect. We had an issue with missed mortgage payments late last year, and were sent a letter from a lawyer– we […]
Left my job to go back to school
I owe about $60k on my credit cards and loans. I left my job three months ago to go back to school part-time, because I didn’t enjoy the work environment. My employer had no problems with my performance. The other part of my time I’ve spent doing personal things, including visiting the U.S. for two […]