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Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

discharge fairness

Where do I start? Well….I went bankruptcy Feb/01 and had to attend crt. Nov./02(almost 2 years after filing) because one creditor opposed my discharge(This is my 1st bankruptcy). I asked my trustee what would happen at this meeting and I was told that “the most that can happen is I would be made to pay […]

Equity loan or consumer proposal?

I am in a lot of debt and have not been paying it off for 3 years. I went to a credit couselling place but fell off track, They awarded me R7 on my rating. I still keep up to date on my mortage payments and have a car that is worth less than $2000, […]

normal or extortion?

Extortion might be overstating the action but using the Oxford dictionary and not a law book, it fits. In the creditors meeting when one of the lenders says that you either pay us this sum of money or we will proceed with fraud charges, is that extortion? The trustee agreed with the lender and the […]

citifinancial

Do you know if citifinancial accepts consumer proposals?

credit report

My wife’s name shows up on the credit card statement along with mine. I think they might have issued a supplementary card at some time but it was disposed of and she has never used it. This was never a major concern before. Also, this credit card does not show up on her credit report. […]

inheritance and bankruptcy

no will–4 children–assets in the amount of 26,000—to be divided 4 ways—one person declared bankruptcy 4 mos ago–will she lose this inheritance?

what is the next step

My husband and I separted last year (august).I have been paying the morgage, and living in the family home with my children. In May my ex husband filed bankruptcy. He now pays 320.00 a month (he tells me) so that bankruptcy wont take the house. I recently went to court. Where I was granted child […]

can I keep my house

Hi I bought a house in june 2005 my mortgage is through firstline mortagae a division of cibc bank the amount that was given to me by the bank was 72584.75 as of today I still owe 70547.15 my yearly land taxes 1300.00 everything is up todate with my mortgage and my taxes I am […]

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