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We own a house together that we are not living in with 89,000 still owing on the mortgage. I have student loans, she has 3 credit cards and I have 1. We owe all together about 7,000 in credit card debt. What do we do? Posted from: Ontario
If I have co-signed for a Line of Credit and I declare backruptcy, what happens to the line. The LOC is for my landlord who needed renovation to the house in which I was staying, my payment to the LOC was considered rent, but never claimed by me or the ladlord as rent, the LOC […]
If you claim personal bankruptcy in Ontario, does it go into the local newspaper? I’m worried friends and family may find out – very embarrassing. Posted from: Ontario
Hello; what happens if I walk away from my mortgage and house if there is enough equity in it to pay the bank in full as well as whatever fees there will be? If I simply dont’ have time to wait for all to be done. Can I do that? Thx Posted from: Ontario
I currently have 62,000 in unsecured debt. My surplus income owing would be approx. 2100 per month for 36 months which is 75600 after 3 years which is higher than my debt. Do I have any other options? I have been told a consumer proposal must be a better deal than bankruptcy. I cannot afford […]
I am in bankruptcy yet one creditor phones me regularly several times a day. Are they allowed to do this? Posted from: Alberta
I took my name off an incorporated company in Jan 2012..it was having financial problems , and I had a feeling I was going to have to personally declare bankruptcy due to the fact that I lived off my savings for years, so I didn’t want it to hurt the company….should I get my previous […]
My boyfriend claimed bankruptcy in 2006 and defaulted…now we are wanting to get a mortgage but unfortunately his bankruptcy is on his credit report. He needs discharge papers but did not follow through or make any arrangements with his creditors. What steps are needed for him to take in order to have this bankruptcy removed […]
I owe canada revenue 76,000 plus another 24,000 for last year. They just issued a garnishee. I am self employed but do sales basically for one company. Tax is for the last 3 years only. All other taxes have been paid except for hst/gst another 25,000. What should I do? Posted from: British Columbia
my wife and i have gone our seperate ways due to financial issues. we both have our names on the house title and there is about $200,000 equity .. if i file for bankruptcy i assume the creditors can only go after my portion of the equity? look forward to your response.. ron Posted from: […]
