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Most Recent ‘Q&A’ Posts

cosigner debt

My sister cosigned a loan for her daughter for her to consolidate her debts, her daughter stopped paying on the loan so my sister removed her daughter from the loan and did something ( maybe added it to her mortgage?) So she could have a lower interest on it. My question is If her daughter […]

I want to walk away from my mortgage in New Brunswick

My husband left two years ago. Walked away leaving me holding the mortgage on our home a joint mortgage. The house has been on the market since. I am ready to walk away. Health and financial issues make it impossible to continue. He already declared bankruptcy and refuses to pay support. Can I give the […]

joint loans and bankruptcy

I have two vehicle loans and a mortgage jointly with my ex-common-law partner; we have been separated for over a year and I am in a position where personal bankruptcy is a high possibility, how does this affect his credit because of the three joint loans we have?

Do we qualify for personal bankruptcy?

Do I qualify for personal bankruptcy? Husband unemployed. His EI ends in December. So far no jobs in the market for me. Working with employment services. My wife is in the process of qualifying for CPPD. Own house, mortgage currently being paid by mortgage insurance. That will end when EI ends in December. Maxed out […]

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