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Most Recent ‘Q&A’ Posts

garnishment of wages

I was wondering if Revenue Canada can garnish my wages in another country if I have a garnishment on my current wages but am planning on accepting a position in a foreign country? Also, can my wages be garnished if I file for bankruptcy?

I got fleeced

Okay in april 2003 I leased a saturn nice car but dumb mistake. The amount financed through the lease was $24.000. for 6 years or 72 months at 500.00 per month okay. Now just about thre years later I called them to ask how much is left owning the told me 22.280 plus 4000 at […]

Bankruptcy lawyers

It’s looking like I might have to file bankruptcy or a consumer proposal. Should I get a lawyer to represent me?

CoSigned Loans

Hi, right now I am considering personal bankruptcy as my last resort, my problem is that I have a cosigned loan with a family member. If I apply for bankruptcy will that cosigners credit rating be affected if I continue to meet my required payments? Also if I do declare, am I allowed to move […]

Unsuccessful Student

Hello, well after two years of full time schooling and receiving very poor grades,it has been clear to me I cannot succeed in post secondary education. I have been living off student loans ($13,000) and a bank loan of ($10,000, co-signed by family member) to pay for school and living. I am freaking out and […]

Should our son file for Bankruptcy

Our 26 year old is in so much debt,and owns nothing, plus he was handed a garnish his wages last eve for his child support as he is behind with it and all his payments. His lawyer wants to be paid and he has nothing to give him. He has a good job and makes […]

Filing returns

In the year of absolute discharge from bankruptcy should be two returns filed (post-bankruptcy and with discharge day) or one?

Self-employed expenses

I am self-employed and have not filed tax returns for 4 years as I am unable to pay. It is a service business and I’ve incurred less than approx. $3000 in expenses each year. It would be a real challenge to document these expenses as I do not have good records. I do have an […]

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