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Most Recent ‘Q&A’ Posts

Secured Credit and Supplementary Credit Cards

I’m considering filing for bankruptcy and was wondering what happens to the one credit card that I currently hold. I have a secured credit card with Capital One in the amount of $200. Do I have to turn that over? Also I have a supplementary credit card from a family member to use in case […]

Bad Credit!

I have had Bad Credit in the past due to varying jobs, poor money management skills, and other unforeseen events, ive been living without credit for about 5 years now and i have seen my credit report and it doesn’t look good at all!, It seems to me that bankruptcy is a solution to restore […]

Self-Employed in Alberta & Saskatchewan

My home is based in Saskatchewan, but I work in Alberta and Saskatchewan. I understand that for a family of 5 I am permitted to make $3600 per month (please correct me if I am wrong). Will the fact that I also have business expenses be taken into the equation and possible permit me to […]

Bankruptcy and vehicle

I bought a car two years ago and the value now is higher than 5,000, but I have to pay 400 monthly another 3 years for it (to dealer). Can I keep it?

Car Loan before discharge from bankruptcy

Is it possible to obtain a car loan when you haven’t been discharged ? There seem to be alot of companies adverstising ‘regardless of credit’ they can help with higher interest of course.

pension and locked in rrsp

I have worked for 2 seperate companies in the past in which I paid into a pension. When I was done working for these companies my pension was rolled into a locked in RRSP. How are these handeld.

not discharged

What if you are not discharged and still owe to the trustee, signed the docs but are having difficulty paying ?

Mortgage

My home is valued at $137,000 and there is still $97,000 owing. It states in the information I have found that a person in Saskatchewan can retain up to $30,000+ of their home. There is currently a lean against the home for my property taxes of $5000. So I have two questions. 1. What does […]

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