Mr.
If you have an overdraft on your bank account, will going into bankruptcy affect it? Posted from: Ontario
Q&A: Answers to Questions
Most Recent ‘Q&A’ Posts
same amount of debt for over 10 yrs now…
Hi, …between my c/c & line of credit, i’ve been in debt for $30,000 for at least 10 yrs. I find that I can only afford to pay the minimum amount & it only pays the interest but never the principal. As I turned 40 this year I’m starting to feel the depression due to […]
bankruptcy and divorce
If my husband is declaring bankruptcy and our divorce is not finalized, will anything I own be affected? Posted from: British Columbia
Ms I P
Can a common law spouse declare bankruptcy just to avoid paying settlement? Posted from: Ontario
spouse’s inheritance?
My husband is considering filing for bankruptcy. Currently, our combined income is such that I don’t think I (we live primarily off my salary) would have to pay excess income. My father is recently deceased however, and I will likely receive a substantial inherence in the coming year. Will this be included in our “family […]
debt forgiveness
(I am experiencing financial hardship due to health and I’m currently unemployed.) I have aprox 32000.00 in unsecured debt. Will a creditor obtain a judgement in this case? Can I still declare personal bankruptcy ? What other options do I have ? Posted from: Alberta
child support arrears
Hi, My ex is 40,000.00 in arrears for child support and there is currently a federal garnishment in place so that we receive his income tax refunds…gst etc….if he were to go bankrupt…would these then go to the creditors…or would they continue to come to us? Wondering if the banktuptcy cancels out fro until the […]
filling Bankruptcy
If i filled Bankruptcy here in Halifax can i move out to another city in the province. Posted from: Nova Scotia
Faye
My boyfriend is looking at having to claim bankruptsy. All his debts are his and his alone. We have nothing joint. My income is separate from his as well as my own debts. They are telling him that in order to do this that my income has to be included. Why? and if this is […]
change in trustee options
We submitted a proposal that has been rejected. We do not feel that our trustee put forth best effort and was often non communicative and gave us very limited information throughout the CP process. Now we have to delcare bankruptcy but do not wish to use the same firm. Can we now go to another […]