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I signed all the papers for my bankruptcy but was never in a position to pay the trustee the money for his service. He has now notified me that he is proceeding to oppose the discharge. 1. What are my options at this point. If I can come up with the money will he proceed […]
Dear Sir / Madam , I have some questions I am wondering if anyone can help me with . In 1996 my ex husband and I bought a house. The house was foreclosed on in I think 1998. We are divorced. After all these years I get a phone call telling me I owe 20000 […]
I have been divorced for two years and have the kids with me. He does not pay child support and with the money I make working I can pay all the bills I have presently with a little not much left over. Now I am getting mail about money that he owes. There is no […]
I am a 53 year old male who was seriously injured in an industrial accident several years ago and am now on permanent disability. My income is about $800 per month and my only asset is my home. It has appreciated in value and is now worth about $250,000 and I owe $70,000 on it […]
COULD YOU EXPLAIN THE SURPLUS INCOMME FORMULA? HOW IS A SURRLUS AMOUNT CALCULATED? FOR EXAMPLE RIGHT NOW I MAKE $2000.00 WHICH IS APPROX. 60% OF THE HOUSE HOLD INCOME. IF I GO BACK TO WORK FULL TIME AND EARN $4200.00 A MONTH , WHAT IS MY SURPLUS INCOME ?
Part (1) – hold harmless. I got divorced and there was joint debt of about $28,000. She has a “hold harmless” indemnity clause on the debt against me in the divorce agreement. I haven’t made a payment on the debt in 3 or so years and plan on going bankrupt. 1) Will the “hold harmless” […]
I know that dependents allow you to keep more during a bankruptcy. If I have my boys part time and pay support do they count as dependents? I have two boys that I take part time plus I pay child support. Why I ask if my two boys, who live with me part-time, count as […]
I co-signed on a loan and the individual had filed for bankrupcy. The bank is now after me for the balance of the loan. Can I sue (smal claims court or other court) the individual for the balance of the loan?
I just sent an email regarding surplus income and the Child Tax Benefit. My husband is automatically bankrupt due to an unaccepted consumer proposal. I am not involved in the bankruptcy at all. He has no personal debts but the house we live in is jointly owned. They want his portion of the equity. The […]
My husband had to file bankrupt after making a very reasonable proposal. He was a franchisee and they cut him off after 4 years of a 10 year franchise. He owes the franchiser. Personally he has no debts. I as his wife am not involved at all. I do not work outside the home. He […]
