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My husband and I went bankrupt nearly 2 years ago and were released in March of 2005. When we went for our initial consultation we felt that we would probably be making a proposal to repay our debt. We were dumb struck when we were told that we had no option but to declare bankruptcy. […]
Hi. Last year I obtained an OSAP loan in Ontario. However this program i finished is just a pre req for the program i want to take. My problem is that I have no choice but to file for bankruptcy as my husbands wages are being garnished, and we can’t even pay for living expenses […]
I was in serious financial trouble and creditors were on my back 2 years ago .I choose to pay my creditors through a credit counselling service .I have less than two years left to pay (approximately 35,000) . I continued paying my car lease which ended last month . It is an absolute necessity that […]
can you claim bankruptcy for a law suit resulting from a auto accident. person other than my self driving my auto has fender bender only $400. damages to my auto includes labour. I was found in breach of insurance and was told that claim may include slight whiplash (still in ?) not sure what cost […]
I’m in the middle of bankruptcy, due to be discharged this spring. I still have the mortgage on my home, and a lease on my vehicle while bankrupt, never missing a payment or late on either one before bankruptcy, and during. How does this affect my credit score when discharged? Does it boost my chances […]
Several collection agencies are threatening to take me to court .I understand that the court costs and the extra costs they incur to collect is added to my debt.Are we talking a few bucks added on or is it a significant amount ? If they knew there was no way to collect .Would they still […]
If I make an appointment with a trustee ,what should I take to the meeting ? I plan to do whatever the trustee thinks is the best route for me . Are trustees able to determine this in the initial consultation ?
Is a finance company allowed to take security such as household goods and my auto if I’ve pledged it as security if I go bankrupt? Or are these things exempt even though the creditor is secured? Does this vary per province?
I need a car to commute to work in Vancouver (about an hour’s drive with no public transport available) and my wife needs her car at home in order to accomodate one of our children who is handicapped. Are there any exceptions to the rule in B.C. that says a bankrupt is allowed to keep […]
I am just learning about all this . We are in debt and are just treading water as far as making house payments and general bills like water electric phone ect We have 2 credit card bills and just don’t have the money left over to pay . I was looking at the consumer proposal […]
