Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More
My spouse has a mortgage on a condo which is in foreclosure. We put 25% down and the mortgage is CMHC insured so the original mortgage was 75% of the purchase price plus the CMHC insurance fee. I am not sure why CMHC insured this mortgage. Once the property is sold are we responsible for […]
I am wanting to declare bankruptcy to clear out my student loan debts. The last student loan I received was 8 years ago and I graduated 8 years ago from college. My question is I recently enrolled I a two month online course and I paid the tuition myself. This course does not count towards […]
Will my student loan be discharged as well as my 407 debt? Posted from: Ontario
What happens if one month I cannot make the payment as per the bankrupcy obligation. Can I make it up at a later time or is it added to the term? Posted from: Ontario
Are you allowed to start a savings account after filing bankruptcy? Posted from: Ontario
I first started having money problems in 2006 when a business failed. In 2009 I receieved a settelment of $32K. I used the money to pay taxes, legal fees and living expenses. I am now concidering either filing bankruptcy or making a consumer proposal. Do I need to let the trustee know that I received […]
In your advice to seniors you suggest to change banks, does this mean to change the actual bank, ie RBC to Scotiabank or to just change to a different Branch with a different account number. Is it necessary to do this even if I’ve never authorized Automatic Withdrawal to the creditors but simply paid them […]
I got sick 3 years ago and could nolonger work full time have about 40000. in cc debit, Visa has put a judgement on our house and is now trying to force us to sell We have a house which has only $8000. in equity I have a small bus that I do and earn […]
I am 60 years old and lost my job 2 years ago, I have taken early CPP and have a minimal company pension. I cannot pay credit card debt. Please advise what is the best route to take. Thank you. Posted from: Ontario
I have become disabled over the past year especially and am now unable to work. I have 50,000.00 worth of credit card and personal loan debt. I am not answering my phone but know I must deal with this..Most of my debt is from medication, rent , keeping going. I am not able to work […]
