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I have legal problem, my husband spend all my credit cards and also stole money which they are suing me for, the are suing me for one millian dollar. I have 2 kids, separated and make only $1,500.00 a month. I don’t own any propertys on have anything of value, I have brought used furniture […]
Are we able to file bankruptcy in Canada for all the debts we incurred separately and/or jointly on both sides of the border – US and Canada. Due to unfortunate and unforeseen circumstances forthelast twelve years, we are unable toclear all our debts in Canada before we left and our debts while working/living in the […]
I recently read on another bankruptcy related web site that is was getting increasingly difficult to get the CRA to accept consumer proposals for income tax debt. Do you agree with this ? I’m a bit worried because I owe a large sum to the CRA (50K+) and want to file a proposal, I don’t […]
I am considering bankruptcy and I have a couple of questions. First, I withdrew funds from my RRSP a couple of years ago under the Home Buyers Plan, and have 15 years to pay it back. Does going bankrupt eliminate the need to pay these funds back in the future? Secondly, last year I cashed […]
My husband and I claimed bankruptcy last year and the trustee filed out taxes for that year and kept the refund as we knew they would. Now we’ve just received a letter saying that they are to do our taxes for this year as well and that they are to also receive that refund, is […]
I have read on here that it is difficult for a Self Employed person to have a consumer proposal excepted versus an employed person? I am in financial trouble due to a combination of Job Loss – Business Failure and relationship breakdown. A real mess. I owe alot of money – over $400K unsecured and […]
Hi There, In May 2008 my car loan will end. I want to delcare Pesonal Bankruptcy. Will I lose my car or will the bank left me finish doing my car payments. I have not Missed one payment since I started the loan in 2003. Regards Thank-you
Hi, My income is $1850/month (take home). Spouse’s income is approx $2200/month (take home). Debts are approx $30,000: Credit cards are low interest…debt is credit cards and credit line (credit line is int only mo. pymt). The RRSP is about $9000 which know would have to distribute amongst creditors. Total monthly debt paymts approx $700. […]
I was discharged in Nov.’05 and still have not received a GST cheque since then. The Trustee did our taxes for ’05 (kept return & GST) and also ’06 taxes (kept return and GST) what should I have been entitled to?
im in nova scotia canada, my husband and i do have debt problems my husband has a debt of about $4.000 solely in his name and i have one for about the same amount solely in my name, but we also have a morgage on our home and we are afraid to do a personal […]
