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Most Recent ‘Q&A’ Posts

help for low income

I have lived in NL for three years and have been on welfare for two years.I am a single mom with 3 teenagers. I suffer from depression and anxiety. My total debt is around $120,000, that occured eight years ago. I know this has had it’s toll on my mental health and has to be […]

How to keep my home ?

I live in Alberta. My high unsecured debt (about $80,000) combined with loss of income and very difficult personal situation make me good bankruptcy candidate. It is of extreme importance for me however, not to lose my dwelling. Losing it would put me in even much worse situation both financial and personal. Based on recent […]

Trustee Discharge

Can you tell me if I will receive a written notification when the trustee I dealt with applies for his own discharge. Will I receive a report with disbursment of funds information for my records? Even though I rec’d my own discharge a year ago I won’t feel the bankruptcy is truly over until this […]

2nd time bankruptcy

About 19 or 20 years ago, I was forced into bankruptcy when my ex-husband went bankrupt and I had co-signed everything. I have had excellent credit for the last 15 years and have not missed any payments, but unfortunately now due to my health as well as not keeping on top of things, my new […]

Credit Card Use before bankruptcy

I just declared bankruptcy and I have a question. I did use my card the month before my bankruptcy to pay my bills, ie: cable, phone etc.For years, I have spent 2-3 grand a month on the card and the last month was no different, I have been using my amex card for years to […]

Regarding inheritance

I filed for bankruptcy June 1, 2005. I was discharged March 2, 2006. My father died Oct. 25th 2005 and left a house to my sister and I. The estate still has to be settled may not be done until May or June 2006. I haven’t received any monies so far. How does this effect […]

household furnishings secured with Citifinancial

Hi, I had to declare bankruptcy and all is underway except that citifinancial is saying that it is secured and that I owe them still, I understand that except that on the loan it says Misc personal and the form I filled out years ago when I got the loan, states, VCR, TV, Bed etc, […]

hiding something

My Husban keeps on telling me that he has filled for bankruptcy but the creators tell me he hasn’t and it only take one day to go thought after he signs the papers. He won’t tell me anything i keep asking where the money went and he incistes that he gave it to the laywer […]

What hapens to a credit card with 0 balance

Hi! I was wondering what happens to a credit card that you have that you do not owe any money on, if you file for bankruptcy. The rest of the money that I owe is other credit cards and a line of credit.

Moving out of country after declaring

My girlfriend may have to file Bankruptcy. Is there a statutory requirement for her to remain in Canada after filing. If so how long. What ramifications are there if she files – has nothing and then leaves. We will be moving overseas regardless.

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