trustee
if i dont pay the trutee Posted from: Ontario
Q&A: Answers to Questions
Most Recent ‘Q&A’ Posts
Shared ownership on Cottage
My brother is considering filing for bankruptcy, but he, our mom, and I are all on title on a family cottage. I am wondering if they can come after the cottage if he files? The cottage is only worth about $15,000 but is assessed at $35,000. There is no land, only a float cabin. Posted […]
Mortgage – no house
Hello, We have approx. $98,000 in debt and are finding that even though we are making payments of over 1200 per month (including interest) we are esentially spinning our wheels and it looks like we will be 8-10 years of these payments to get ahead – and that is if we can maintain this level […]
Personal Bankruptcy/Partnership Company
Hi, I would like to know what happens to the Partnership company once one of the partners declare bankruptcy? What happens to the debt of that company going forward? If there is already financial trouble & some debt is already @ the agency, who does the agency attempt to collect for & can they call […]
Gifts
When you are in bankruptcy…can you accept large gifts, and do they have to be reported to your trustee? Thank you Posted from: Ontario
Shane Mila
I graduated from a uni in BC in 2005 and up until 2005 I received 40k in student loans from both the federal and the province. I kept my repayments in “non-payment” status due to being unemployed until 2006. In 2006 I moved to US to continue my studies in a different field where the […]
Mike
Hello, I have student loans in the USA and am a Canadian Permanent Resident. Can I file bankruptcy to get rid of this debt in Canada if they file a claim against me in Canada? regards, mike Posted from: Ontario
Canadian law regarding a Trustee’s responsibilty
Is Trustee required under law to get the debtor to pay back as much as possible to the creditor? In other words…is the Trustee by law the creditors advocate? Posted from: Ontario
Joint Bank Accounts
I am on pension income only and they are deposited into a joint account I have with my daughter – from where my bills are paid. She does not deposit into this account or use it for her own affairs – she just administers it for me. I know my creditors can not take my […]
Seperated during Bankrupty
I am married,(but now seperated) and I have claimed personal bankruptcy, myself, not my husband. I have not been discharged as of yet, but now my husband and I have seperated, and I have moved out of the family home, how does this effect my bankruptcy regarding household income? I am afraid to tell my […]