large advances on credit card
I put money on my cards over the last two months paying off other debts.Can they ask me to pay that into bankruptcy and if so how would I pay that if I have no money? I am thinking of going bankrupt soon.
Q&A: Answers to Questions
Most Recent ‘Q&A’ Posts
Student Loan
I have a Canada Student Loan that I obtained back in 1995 to go to college, which was 10 years ago. I graduated in 1997. I want to know the law of getting it wiped out or declaring bankuptcy with regards to the student loans because to be honest, I haven’t had a good enough […]
Can a debtor still qualify for a consumer proposal if said debtor’s unsecured debt is greater than $75,000 but less than $100,000?
Hello. Can a debtor still qualify for a consumer proposal if said debtor’s unsecured debt is greater than $75,000 but less than $100,000? If so, how does the vote work if one of the creditors holds the majority of the unsecured debt meaning if the majority of the creditors holding the lesser debt agree to […]
Am I too far in debt for a consumer proposal?
I currently have $40,000 in credit card debt, a $9,000 line of credit and am $15,000 behind in my taxes. I have had problems paying my bills but, have been paying them. Do I have too much debt for a consumer proposal or will I have to file bankruptcy? Could a payment plan be worked […]
Time Frame Needed To Stop Court Action – How Long Does it Take to File for Bankruptcy?
When would someone need to be at your office to file to stop court action?
Obtaining a Passport after Bankruptcy
I recieved an automatic discharge from bankruptcy a couple of months ago…if I was to apply for a passport for travel ( work related ) would my recent bankruptcy affect me getting a passport. Thanks and I find this forum a real help.
negotiate with creditors
We owe a certain creditor almost $10,000, at time of signing they secured our car as well as personal belongs. At this time the fair market value (blue book)of the car is $1100, and that’s in good condition, which my car is not, might be worth about $500-800. I understand that I can try to […]
What is allowable household income for family of 3?
I have looked all over online, and could not find the allowable monthly amount a household of 3 can earn in a bankruptcy? Also, how do they deal with the extra pay week everyone gets every 3 months (since there are 13 weeks in every 3 months) i.e. in November my husband will receive 3 […]
disability
If I file for bankruptcy, will this affect my disability payments?
Re: Car lease
I had leased a car in Sept ’03 and filed for bankruptcy shortly after. Honda Canada was listed as a creditor, however i continued making the monthly payments until 3 months ago when i could no longer afford the insurance and payments. I took the car back to Honda last month and was under the […]