court ordered debt
If you have a court ordered settlement judgement against you, can you file for bankruptcy, because you cannot afford to pay? Posted from: British Columbia
Q&A: Answers to Questions
Most Recent ‘Q&A’ Posts
Bankruptcy Fraud
My ex-business partner illegally stole my company via an illegal security agreement. Took all the assets. He left without paying the company’s debt (leaving it with me) I’m suing him for what is rightfully mine so i can pay off company debt and close company properly. While in litigation, he transfered 65k of his home […]
debt
Spouse is self employed with large back taxes and gst debt, we pay monthly payments 1500.00 on tax, tax instalment and gst debt (total approx 80K) interest takes most of the payments so 3 yrs have done nothing to move the debt, rev canada has advised to pay minimum 4-5K (his net inc is approx […]
garnishment
If I choose not to go bankrupt, can a creditor (collection agency) garnishee a part of my Canada Pension Disability Benefits? Posted from: Prince Edward Island
Bankrupt
Can you keep a piece of land when going bankrupt Posted from: New Brunswick
House Sale
If a bankrupt is to sell their home while bankrupt can they keep the sales proceeds or does this go to the trustee? Posted from: Alberta
OPTIONS
i am on a diasbility pension of 3000/month. i have credit card and line of credit debts of 25000. I am recently separated, am now living with a room mate and my share of rent and utilities is 700 month. what are my option? Posted from: Quebec
Bankruptcy and mobile home
Hello, I am filing for bankruptcy. I paid 83,000 for my mobile home, still owe 68,000 on my mortgage and had my home professionally assesed at 54,000 meaning I owe more than it is worth. Will my mobile home be included in my bankruptcy? I do not want to keep it as it is the […]
Unsure of what to do
I filed a consumer proposal back in the mid 1990’s because I had student loan debt that could not be repaid. Now, almost 20 years later, my wife and I have a combined $60000 in credit card debt and a personal line of credit. We make the payments, but we end up using more credit […]
Garnish
I’m in the military. Income of 57 000 had a garnish issue ordered for 23 000 today. That was started on Jan 19 this year. i had no idea that this was coming…… they are set to garnish my wage expect for 15 %. This was resulting from a car accident in 2006. I’m already […]