Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More
I filed a proposal that was approved last year. It seems like those who have filed bankruptcy have it easier: I choose to pay off as much as I could and still my credit rating is the same as if I filed bankruptcy. Also, it seems like their bankruptcy stays on their record for 7 […]
I went to an tax firm to file my 2005 return. I was fully discharged July 2005, and received my discharge papers. The tax consultant said she would have to call and make sure the government had me marked as discharged. They had not. I called the Trustee’s office and they said they were currently […]
I was unable to recover monies owing to me from a client of mine. The client went under and it had owed me a significant amount of money. It appears the bankruptcy laws are there to protect the debtor rather than a creditor. I am the one who pays in the end. The bankrutcy laws […]
I heard that if you earn any surplus income during your bankrupcty period you will increase the likelyhood of not receiving an automatic discharge after nine months. Is this correct? If so, doesn’t that seem strange? I would think that it would be a positive thing for someone to earn a little extra money and […]
Hello All I chose to use a counselling service when I was having financial trouble two years ago. I have two years left until I am debt free. I have paid 30,000 thus for a debt that was originally 60,000 dollars. I had to destroy my credit cards and agree not to apply for any […]
I am considering bankruptcy. How will this affect my partner as far as any assets? My debts are not co-signed by him however; we have assets which are not in my name. Will these assets be at risk?
I HAVE MADE SEVERAL COMPLAINTS ABOUT MY Licensed Insolvency Trustee TO CAIRP. MY EX-WIFE HAS CONTINUOUSLY BEEN OPPOSING MY DISCHARGE. MY EX WAS GIVEN CREDITOR STATUS IN MY ESTATE, AND THUS ALLOWED TO VIEW MY BOOKS AND RECORDS, AND OPPOSE MY DISCHARGE, BECAUSE OF A RETROACTIVE CHILD SUPPORT ORDER WHICH WAS ISSUED THREE MONTHS “AFTER” […]
I could buy a home with what I owe in student loans. I know I am only one of many in these circumstances. I have a number of friends from university with huge loans to repay. It seems that you need the salary of a doctor to be able to cope with this.I would file […]
I have read that a bankruptcy stays on your credit report for 7 years . After the 7 years what is done? Does the credit reporting agencies delete information on your file. If you had no credit during the 7 years do you have a blank slate to start from . Do they just change […]
If I rent my basement apartment for 450 dollars per month including utilities to help out during a planned bankruptcy, do I owe 50% of this or do I first deduct utility costs, portion of tax costs etc. and then submit portion of actual profit??
