Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

Moved to the U.S.A.

I recently moved to the U.S.A. after marrying an American citizen, lost my Canadian job and now I am having trouble finding another one and can’t afford to pay my Canadian debts. Can I still declare Bankuptcy if I live in the US? Posted from: British Columbia

when to consider bankruptcy

i am considering filling for bankruptcy and my question is .my wife and i have joint ownership of a home with about $100,000 equity each… only i plan to file for both business and personal bankruptcy. is it easier to file for bankruptcy while living in the home or after we sell it? thank you […]

Co-signed truck

I bought a new truck and had my brother co-sign for me.. he is now about to declare bankruptcy. what will happen to my truck? I have three and over the past 7 years I have NEVER missed a payment. will they take my truck or make me pay it out? or can I continue […]

Separated

My husband and I are separated. We are in the middle of preparing our house for sale and it will be on the market any day now. He is now saying he will be filing for bankruptcy. Will this affect me getting my half of the proceeds from our home? Or does it only effect […]

Bankruptcy info questions

Hello, I just would like to ask that what is the difference between if I file the bankruptcy myself or I get a trustee to file the bankruptcy ?? Also, is there any fee to file the bankruptcy through the trustee and how much??? Thank you very much Posted from: Ontario

Medical services Plan

Do I have to pay MSP during bankruptcy? Posted from: British Columbia

what happens?

can anyone tell me what happens if you fail to complete your bankruptcy,by basically walking away and forgetting about it.it has been about 4 yrs Posted from: Alberta

child support

If I am seperated from my spouse and paying an agreed upon amout of child support, how is that amount calculated or adjusted if I declare bankrupcy? In other words, is there a set amount of child support that is exempt per child? Is school tution included or eligable as an additional exemption? Posted from: […]

Taking Credit 4 month before bankruptcy

Is it OK to pay other loans from newly opened line of credit. This way I will consolidate all credit accounts to one line of credit account and later file bankruptcy or consumer proposal? Or it is against the law to take credit 3 /4 month before bankruptcy? Posted from: Ontario

lien

can I declare bankruptcy if I have a lien on my house? Posted from: Ontario

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