Does filing for personal bankruptcy affect your spouse?
If I were to file for personal bankruptcy would my spouse be penalized? For instance, would he have to sell his car or pay some of the debt?
Q&A: Answers to Questions
Most Recent ‘Q&A’ Posts
Creditors Calling At Work
Are creditors permitted by law to phone you at work?
credit after discharge
I have been discharged from bakruptcy for 14 months–I am wanting to assume a lease on a vehicle–am I legally able to do this?
trustee opposing my discharge
i am first time bankrupt that has met all conditions of my bankruptcy and my trustee. however the trustee is opposing my discharge. the only reason is that they are claiming i am partly responsible for not having 50% of my unsecured liabilities under sec 170(1)? does this opposition mean my creditors will now be […]
consumer proposals and student loans
if i’ve gone through a consumer proposal and have since been discharged from it, do i still owe the remaining balance on my student loans? from my understanding, the original proposal did include canada student loans and payments were distributed to them. are they exempt from the process?
Migration Before Discharge
Can you migrate to another country before receiving formal discharge of bankruptcy?
Should I get some help?
I don’t have creditors calling me all the time, but I seem to be spending every spare cent and then some to pay my bills every month. I am getting nowhere it seems, and seem to be caught in a vicious circle. Am I the kind of person who should be getting some advice?
Consumer Proposal & The Bank
We have a little over a year left to complete the payments of a 5yr. proposal. We want to sell our house and downsize. When I approached the bank (that holds our current mortgage) to see if they would “port” it over to the new property, the woman said that because this bank was one […]
icbc debt
I have a 50,000. debt with icbc for an accident they paid out on. I cant pay it can i file for bankruptcy and if i successfully did. Could I get my driverlicence back and get car insurance or would icbc still act like I had that debt with them help.
Getting Another Mortgage
We are currently bankrupt. We repaid the excess value of the house and were able to keep it. However, we would like to downsize. Do you think we would be able to just transfer our mortgage or would the mortgage company not want to re-do our mortgage since we are bankrupt? Also, how long does […]