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There are specific dollar amounts for what one may keep during bankruptcy, how are the values of individual items arrived at ? Replacement value, current value? Since the car is current I am assuming the same applies but you never know.
If you made a payment to a court ordered judgment,and then found you could not continue paying,can you file for bankruptcy? And stop that action?
Can someone in bankruptcy sue a creditor who is harassing them for a debt listed in the bankruptcy claim?
I have acquired significant credit card over the years and I face a situation where I cannot pay. Collection agencies call me from morning to evening .I have 6 different credit cards that I am in default . The six collection agencies are ruining my life. I always answer and tell them I simply do […]
Can a creditor apply to the court for a default judgement if their debt was included in a bankrutpcy? And what happens if they did? Am I still responsible for the debt?
I currently am bankrupt and my marital status may be changing I am wondering from 3 people in my house hold down to me how much i am allowed?
I was 19-20 when i had received various loans. I was making good money at the time, but then the business went under and I was left jobless. I tried to consolidate my debt, but it had overwelmed me. I am now 24 and realize that you can not just ignore bad credit. What is […]
Does a “Student Line of Credit” given by a bank qualify as A “Student Loan” under the Bankruptcy Act?
I am leasing a car with 3 years left in the lease. Will I lose the car if I file for bankruptcy?
Can you provide a little clarification on the CRA’s ability to seize funds in a bank account ? From what I believe I read in this blog, when the CRA attempts to seize funds in a bank account it is a one shot deal. Meaning that when the CRA request the bank to seize the […]
