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I owe 121,000 on my house and the value of the home is about $165,000 – so I have some equity in my home – will I lose my home if I go bankrupt? I have tried to get a second mortgage with no success to pay off my debt. I understand that I may […]
I am having financial problems . I am considering bankruptcy in the near future. How are trustee fees calculated? Is it based on the number of hours they work for their client,or is it a percentage of the debt? What is a ball park figure charged by a trustee for a typical personal bankruptcy in […]
My husband and I are considering talking to a trustee about a proposal. We have about $50,000 in unsecured debt. We have also taken a lot of money out of RRSPs this year to live on. Therefore, we will have to pay back about $8000 to Revenue Canada when we file taxes next April. We […]
I have been recently discharged after bankruptcy. I went today to open a chequing account at a credit union and was refused based on the credit rating even though I make a really good salary. She said if they bent the rules, I could possibly get an account but they would not give me an […]
Hello, I have racked up a considerable debt via student loans since 1996, my schooling ended in 2000 without completion, due to a pshycological disorder. Are there ever any exceptions made for a person to claim bankruptcy before the ten year term is up due to illness? Thanks
If a couple is deep in debt to the value of their assets and one spouse earns $100,000/year would it be beneficial to claim bankruptcy and would the income be liable for support payments after claiming if they separated? What order should things take place in?
There is do – it yourself bankruptcy in the states. Is that an option in Canada? 1500$and up is very expensive for somebody receiving e.i.a.
I have just received my bankruptcy discharge. I am now looking for an apartment /condo to rent/lease. What are my chances of getting this lease? Would it be a smarter idea to get a co-signor with good credit?
i have lost my job and i cant find one that pays enough to pay all my bills every month.i dont know what i should do.
I have a small business in Saskatchewan. I have an amount of gst and payroll deductions owing to revenue canada. It is a financially tight situation currently and I’m trying to find options. My first question is, what exactly can CRA do legally to my business that is held in a numbered company, can they […]
