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Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

Will my credit report be affected?

Husband filed for bankruptcy so now I own the matrimonial home with the trustee company. I was initially considering buying the trustee’s deed to the home so that I can own the home outright but after viewing the vacant property yesterday it’s obvious that the property value has decreased since the ex has removed the […]

problems with discharge

My husband filed bankruptcy in 1998 and attended the first credit counselling session. Due to unforeseen cirumstances, he could not attend the second session and has since moved from where he filed bankruptcy. He has never received anything in writing from the trustees regarding what he would have to pay them nor have arrangements been […]

copies of discharge papers

Hi..I was discharged in Ontario in 2000 and have misplaced my discharge papers. Now I need them to apply for my real estate licence. My trustee wants to charge me $150 for a copy of them. Is there any other way I can obtain copies without paying this fee? Thanks Kim

Retning an Apartment

I was discharged from bankruptcy in July of 2003. I am looking to move to an apartment with my girlfriend who has had no credit problems. Should my bankruptcy pose any problems when applying to rent?

Interest rates

I have credit cards and I owe 40,000 . I don’t consider myself as a bad person or a criminal because I have to go bankrupt.I got in over my head and once things start sliding it snowballs .The credit companies charge almost 700 dollars interest in total a month. Some of my cards charge […]

Working with a Trustee

Do I have to select from the list a Trustee in my area? I am embarassed to go near a public office where I live close-by. Can I choose a different location then the one I live in when picking a trustee?

Bankruptcy outside Canada?

Hi,just perusing the site after 6 months of financial hell. Please allow me to explain: I actually live in Germany after having to leave Canada because of not being able to get any job (an economic emigrant if you can believe it). I couldn’t get a job delivering pizza. Now I earn decently and work […]

Bankruptcy fraud in Manitoba

I am concerned with a couple who recently claimed bankruptcy. It is obvious as all assets were not reported. The wife quickly cashed in several thousands of dollars of Canada Savings Bonds that was not declared, owns a small business, one drives a red sports car that is less than 3 years old, the other […]

Joint tenancy

My wife and I started up a business and it failed after two years, we are getting ready to file for bankruptcy and ran into a problem. My wife’s mom put her condo into joint tenants for with her three children, one of the creditors found this 25% that my wife has joint tenancy and […]

millions of calls

I have seen a trustee and he told me that because I am a senior and that my income is derived from Canada pension and old age and I have no assets I should not do anything .I have lots of credit card debt and cannot figure out how I got into this pickle .I […]

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