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January 2, 2006 we filed a consumers proposal. The reason was that we lost a business. To keep the business going we put in a substantial amount of our own money. (Cashed in RSP’s and increased the line of credit on our house)..We now owe more than the house is actually worth. We finish paying […]
if i go bankrupt and i own a small bussiness will i lose it
Hello, to get discharged i have to may back 5000 to the trustee. i have four more monthy payments of 500 to make, they they said i will get my discharge papers, however i think i`m under conditional discharge as i`m no longer required to do the surplus income thing. So my question, in my […]
I am on LTD (tax free fixed income). I am in a common law relationship. We have incurred approximately $30,000 in debt, although approx $10,000 is MY credit line and the credit cards are low interest. I know that I would lose my $9000 in my RRSP. I am the primary card holder on the […]
Hello, Girlfriend put me on her deed and property, she is in process of coming out of Bankruptcy in two months. She asked me to put my name on the morgage too as I was living there for 5 months and we planned on getting married. She and I had my name put on the […]
Is there a difference between an orderly payment of debt, and a consumer proposal, or is that the same thing?
i am in the process of being offered a job. they have requested my authorization for a credit check. am i going to be out of luck as I am recently discharged.
If I was to go bankrupt and currently did not own the home I live in, however did 3 years ago, and owed rev can a sizable amount of current year income taxes, would rev can be able to go back and overturn the transfer to somehow get what they might deem my share of […]
Hi, Is it possible to get a car loan while on a consumer proposal
Dear Sirs, I am a Canadian citizen, working for a Canadian company with offices in the UK. Since I left Canada, I regularly paid my creditors by monthly transfers an I was never in arrears. I owe to the banks close to CDN $ 30000. Starting last December I got very sick with my kidneys […]
