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my husband and i have been seperated (not legal)for two years. 1) we have co sighned a student loan line of credit for our daughter. What will happen to this? 2)what will happen to spousel rrsp’s. 3) can they take his pension? My lawyer is trying to go after some pension in the divource. 4) […]
Can a creditor force me into bankruptcy if I refuse to file? If I have very little non-exempt assets and very little income that can be garnished (“judgement proof”???) can I just sit back and let them do whatever they can? Can they publish my name to let others know that I’am not paying my […]
Do working children in the family unit have to pay 75% of their income to the surplus payments if the family has over a $1000 surplus per month? What happens if they refuse?
is it true that a second time bankruptcy automatically gets advertised in the newspaper. i thought it was only if there was more than $10000 of assets to distribute.if that is the case then is it the total of surplus over the 9-21 months – which could of course change?
Due to my wife’s loss of job i cashed RRSP’s and received net $5000 about a month ago. i paid various creditors monthly payments that i was in arrears and rent. I have about $1000 left from that. Now i have been informed my job is about to be ended by end of Mar/31/07. My […]
I had a car loan with Honda. I sold the car and paid off the loan. With the leftover money I paid what I was owing to my daughter’s school and paid off some personal debts. I am now driving my ex-husbands vehicle until I can afford my own. I still have $18,000 in credit […]
I need to know how will a second bankruptcy effect my ability to obtain future credit. I was put out of business by changes made within proviencal regulations, and remain unable to pay off the credit cards e used to run our business. We need to move on but do not want to put yourselfs […]
We are extensively in debt following the closing of a failing retail business. Our farm revenues are what is sustaining us through this difficult time – can we lose the assets of the farm if they are used to generate income – if we file bankruptcy?? Also – our farm truck – do we have […]
I understand when you go bankruptcy you must answers questions regarding disposal of assets within the last 5 years? What happens in regards to refiancing a home if it is over 1 year from the time 1 goes bankrupt? My concern is that selling a home is taking equity but so is refiancing?
can you explain how bankruptcy protection works?? I have no cash to pay off debt – but lots of equity – once assets are liquidated – debts will be taken care of – will bankruptcy protection buy us time in this case?? thanks
