Mr.G
Does a debt management plan affect your credit rating? Posted from: Ontario
Q&A: Answers to Questions
Most Recent ‘Q&A’ Posts
Income Taxes Due During Bankruptcy
during bankruptcy (not yet discharged) will I have to pay my Income taxes that are due? Posted from: British Columbia
Bankruptcy for self employed
I am sole owner have busines gst registration number in my own name and am self employed doing customer service / call center support business at home i am the only person operating business. Due to big diffrence in income and debt ratio I want to file for bankrupcty. My question is I am eligible […]
CMHC/Shorfall/bankruptcy
I was taken in by a scam by getting approval for a mortgage when family friend and her mom assumed the mortgage. They have defaulted and now the bank has foreclosed and it taking possession July 1 and I just found out that she has recently filed for bankruptcy. What happens to the shortfall with […]
Confused and in debt
I have about 22,000 in debt from Credit card and furniture purchase. I have joined a credit counselling company that has been helping me for about 10 months. I cannot afford to pay the monthly payment of 465/month anymore and thinking about bankruptcy, Please explain to me what will happen and can I do it […]
What if I don’t want to go bankrupt?
My ex (not legally married) has been advised to declare bankruptcy. The problem is there is no significant equity in the house (we both own) where I wish to stay. In addition there is a significant drawn amount of joint personal credit line owed for which a family member of mine is the guarantee. Can […]
Marty
Is a fraud judgement against a person covered if they file for bankruptcy? Posted from: Ontario
Lawyer Needed in Bankruptcy
As I understand it, a trustee is required when filing for bankruptcy. However, if a problem were to arise after filing for bankruptcy, ie. a dispute from a creditor, is a lawyer then recommended to help with this problem? Are lawyer fees regulated in bankruptcy similar to how trustee’s fees are? I am just wondering […]
Self-Employed Spouse not filing for bankruptcy with me
I want to file for bankruptcy. My husband is self-employed and I babysit during the day (no employer). My husband it not filing for bankruptcy. How would my surplus income be calculated considering he is self-employed? Posted from: Alberta
Single mom starting over
I am a single mom on disability, I raise my 2 sons and myself on less then 1300 a month, I am desperately trying to get my life back in order financially. I have a few debts that ate pretty serious for someone in my situation I have 15000 credit card debt and a 1000 […]