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My wife and I live in Richmond, B.C. We have debts in Califonia (failed business) and in British Columbia. We have no jobs/incomes and have been living on credit secured by the house in which we live in Richmond. We are over 60 years old. Even if we sold our house, we could only pay […]
Can someone wanting to file for bankruptcy claim a co-signed debt as his OWN liability? It becomes the co-signors debt anyway, so wouldn’t the co-signor have the right to claim it as HIS own liability since HE is the one guaranteeing it in the first place?
I was wondering if there was a purchase time where the purchase would not be admissible in the bankruptcy? For example, 6 Months before the bankruptcy (which was unplanned) a purchase of a 1000$ item was made. Would this item be entered into the bankruptcy or because it is so close together would not be […]
Person who declared bankruptcy in canada has several assets in overseas country with which Canada doesn’t have a social assistance agrement. He definitly hid his assets and wants to get away, trustee’s position is that they can not deal with it since this is a costly matter for them to prove the hidden assets. Even […]
Does an “Absolute Order of Discharge from Bankruptcy” give a discharged Bankrupt more protection and rights that a “Certificate of Discharge”
through my employer i contribute to my pension plan. those contributions are matched by the employer. can these funds be taken if i claim bankruptcy
hello my husband can’t pay his bills I own the house it’s in my name . can the crediters take my house jean
I owned a buisness that was under sole propriotore ownership. I had to file for personal bankruptcy to get out of a failing buisness. I had gotten engaged prior to this and we wanted to keep the wedding date on the same date.We feared that his income and mine combined (with a new job) would […]
I have been in business for 6 months. I leased 3 trucks, they are not earning enough money to cover expenses and i have been borrowing money from my personal line of credit to pay myself and my expenses. i have a line of credit secured against my house in the amount of 85,000 dollars […]
Hello, Can someone filing for bankruptcy claim a debt that has been co-signed for by someone as his own liability? The debt is a line of credit where both people’s names appear on it and was notarized with both names. The ”bankrupt” has not been making payments for over a year and the co-signer has […]
