phone calls and consumer proposal
I was wondering, I file a consumer proposal and want know when the phone calls will stop. Do they stop once they receive the documentation or once the 45 day waiting period is over? Thanks
Q&A: Answers to Questions
Most Recent ‘Q&A’ Posts
Corporate Bankruptcy Process and Costs
My limited company has been operating for 3 years and is completely out of cash with no ability to secure additional finance. It can’t meet monthly operational requirements. There is a total of $75,000 in liabilities and $12,000 in accounts receivables. One supplier (owed $15,000) is demanding payment within 10 days or will sue the […]
credit cards in consumer proposal
Hi, I’m just concern, if I’m going to file a consumer proposal, do I have to turn all of credit cards (unsecured) to the banks? Please advise.
Bank Accounts
When a person declares bankruptcy, how much money is he or she allowed to keep in a bank account?
Income tax
Can you please tell me how bankruptcy affects income tax? Does all the credit that we use get declared as income since it will be forgiven in bankruptcy anyways?
Bankruptcy and house
I am on disability and in the middle of an ugly divorce. I live in Oakville Ontario. If I declared bankruptcy would I lose my house. It is half mine and half my soon to be ex.
alcohol and gaming license
if i have an alcohol and gaming license will it be affected / withdrawn from me because of bankrupcy?
foreign debt and bankruptcy in Canada
Is undeclared foreign debt included in a bankruptcy filed in Canada? Thanks for your help.
Bankruptcy and Citizenship and Gambling
Hi, I had a lot of credit cards and some lines of credit. In total the credit limit for all the credit products were about 60K. Unfortunately I’m a gambler, and had visited support sessions from Addiction services for York region. I made some “bad checks” to get some cash from creditors, and lost all […]
Debt Repayment/Bankruptcy
If I have signed up for a Debt Repayment Plan and am still having difficulties….should I look at Bankruptcy? I am a single mother of 2 (recently divorced) and even though I make good money, I am struggling. I want to get a head.