Not a first timer
Can someone declare bankruptcy more than once? Is there a time frame needed between claims?
Q&A: Answers to Questions
Most Recent ‘Q&A’ Posts
Fraud?
I have read all the information on this helpful site including the blog, but I have a question I would like answered if possible before seeing a trustee. My current situation is I am unemployed, living with my parents in Ontario, unsecured debt of approx. $60,000, and no assets. I lost my job approx. 15 […]
pay day loans
can you get a pay day loan say for 200 while you are in bankruptcy before you are discharged.
Don’t know my first move.
I am in serious credit card debt. I have a lease on a car. I am living with my sister-in-law as my brother passed away recently. I need to get back on my own with an apartment as my sister-in-law and I are not getting along well. I cannot afford an apartment and pay my […]
Payments after personal bankruptcy
If I declare personal bankruptcy, what are the payments for? Are they going towards creditors?? If they go towards creditors, how long will I have to make payments?? My understanding is that bankruptcy is to clear outstanding debt from all creditors and start fresh? How does one decide bankruptcy vs consumer proposal, if the debt […]
Deadbeat Dad
My ex-husband and I have been seperated for 4 yrs. The divorce was finalized in March 2005. Unfortunately, the divorce did not deal with any matrimonial property. He essentionally walked out on all the matrimonial debt, including the mortgage on the home we purchased in June 1999. I have paid all of our matrimonial debt, […]
Long term disability
Our situation is also very complicated. 2 years ago , my husband began a business building homes, shortly afterwards , I was diagnosed with breast cancer, had to stop work . Due to my sickness at the time, my husband had to take care of me and placed a contractor in charge while he did […]
My Father Died Last Week
My father passed away last week at 67 yrs old (but was working full time). I am the excecutor of his will. He basically owes approx. $90,000 to various credit institutions (banks,credit cards).My mother is retired and is receiving a variety of pensions ie. C.C.P., old age etc. She cannot keep up with the payments […]
Damaged credit report.
I am in the process of paying my debts through a credit counselling service . I have made payments for 2 years with 3 more to go.I have paid 20,000 dollars of the 60,000 original debt. I earn $1800 a week . One third of my salary goes to the service. This leaves me with […]
Bankruptcy: Can I file bankruptcy
I have student loan debt, consolidation debt, and credit card debt and I am presently not employed and do not qualify for unemployment. Can I file bankruptcy?