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I have a collection of older video games and a fair amount of dvd`s. Is this considered an asset and how would they determine the value of said goods? Is it possible to be able to keep these items if I file for bankruptcy? Posted from: Saskatchewan
what happens if you go to a get something that you need before going bankrupt and charge it, will they include it or will you just have to make the payments on it as usual Posted from: New Brunswick
We are in debt with credit cards and credit lines (unsecured) to the extent of $60000. We bought our house 1 year ago and do not have enough equity to consolidate. We have tried to get a loan so we have 1 payment but were turned down. If we file bankruptcy will we have to […]
If you owe monies to family or friends, along with creditor debt, can you sell assets or redeem assets;such as RRSP`s or Investments to pay out the personal debt,prior to declaring bankruptcy? Posted from: Ontario
I am being forced due to circumstances to consider bankruptcy while pending divorce proceedings take place and awaiting trial to resolve in Spring `09. I believe the amount of settlement to me with equalization of property and assets, will more than cover the debts I have to pay. If I file for bankruptcy or consumer […]
My fiancee and I bought a house together (which won`t be ready for a year) and my debt now is excessive, having to pay off a loan, credit cards and bills, I am saving $0 of my pay cheques and occasionally dip into my overdraft just to make ends meet. I signed the papers with […]
if 2 months ago before filing for bankruptcy i bought some furnature on my visa will i have to return the furnature? also what about groc i bought on my visa days before i file for bankruptcy? is that considered fraud if i buy groc on a visa knowing i may be filing bankruptcy in […]
When you claim bankruptcy – are you allowed a certain amount of cash on hand? would it be so many months times the allowable amount under the Superintendents Guidelines? Please advise, Posted from: Ontario
I am a co-owner of land worth approx. $4000. If the person I am co-owner with goes bankrupt, what happens to `our` land? Can I buy them out or am I out of luck? Posted from: New Brunswick
I have a vehicle worth approx 12000.00 and i owe 8000.00 on a personal loan from a friend. What happens to my transportation if i declare bankruptcy.Our agreement has me paying 500.00 per month. Thank You. Posted from: Alberta
