Travel
While going through bankruptcy, how does it affect travel outside the country! Ie: to attend a funeral, work etc. Posted from: Ontario
Q&A: Answers to Questions
Most Recent ‘Q&A’ Posts
Very Confused
I am contemplating Bankrupcy, I owe approx $65K in Credit Card Debt and my net income per month is $1,900. I am 51 yrs old. My question is: If I declare bankrupcy and am discharged in the mimum amount of time (which I think is 9 months) what happens if after I am discharged I […]
How will bankruptcy work on a foreclosed (2nd) mortgage?
I have a mortgage on a house with very little equity and would like to keep that house and continue to make the mortgage payments. I had another house that I was unable to make the payments on and has since been foreclosed. The house and property were sold but for approx. $40,000 less than […]
Surplus income
What is the ceiling on income per month before it is deemed surplus. Is the amount before or after taxes Posted from: Ontario
length of time on credit
I was curious; when does the time a bankruptcy stays on your credit after bankruptcy start? after the automatic discharge or if there is a conditional discharge after that? Posted from: Ontario
Own my home with spouse
Hi, I have a question, if my spouse and I own our home, no mortgage, but I’m the only one claiming bankruptcy as I have credit card debt that I can’t pay off due to me losing my job, will we have to sell the house? This is my debt, not his, and we have […]
cp settlement
When you offer an amount to settle in a CP how do you creditors know that this is more that if you filed bankruptcy? Posted from: Ontario
desperate
I have a 2005 dodge truck. From what I understand I am not allowed to keep it. Am I permitted to transfer ownership? Could you please advise what the rules and regulations are surrounding this. Posted from: British Columbia
File Closing
What happens if my trustee closes my file because I can’t complete my duties while bankrupt? Posted from: British Columbia
decrease in income
Hi, I recently became ill and went off on short term disability, I am making 1565 every two weeks for 90 days, So I will have a surplus income. I need to get surgery so after the 90 days I will need to go on long term disability or employment benefits. My question is, If […]