Archive for November, 2006

New Law

When will the new bankruptcy law which will exempt RRSP’s come into effect?

Posted on Wednesday, November 29, 2006 | Filed under: Bankruptcy
 posted by Questions @ 2:40 pm 1 Comment
Statute of Limitations

What is the maximum time frame a creditor has to collect a debt?
What legislation / regulation governs this?
If these regulations exist, do they apply in the event of a failed consumer proposal or OPD?

Posted on Tuesday, November 28, 2006 | Filed under: Consumer Proposals and Money Management
 posted by Questions @ 9:49 pm 1 Comment
creditors calling

My creditors won’t stop calling!!!
How do I make them stop? Is there anything I can say when they call… I can’t take this much longer!

Posted on Monday, November 27, 2006 | Filed under: Bankruptcy
 posted by Questions @ 3:35 pm 1 Comment
vehicle in bankruptcy

If I claim bankruptcy and have a 19,000 loan on a car worth 7,500 will I lose the car? Other than this I have about 38,000 in various credit card debts.

Posted on Monday, November 27, 2006 | Filed under: Bankruptcy
 posted by Questions @ 3:33 pm 1 Comment
Discharged?

Hello, I claimed personal bankruptcy in 2004. I received a Conditional Order of Discharge in 2005 and still had to make $1000 of payments to the trustee. Since then I have met theses conditions (i.e. made my payments in full) and was discharged (this was in September 2006).
The problem is that my [...]

Posted on Monday, November 27, 2006 | Filed under: Bankruptcy
 posted by Questions @ 2:27 pm 1 Comment
credit cards

I know you can’t keep credit cards during a bankruptcy, but what happens to a credit card that you don’t owe any money on?

Posted on Thursday, November 23, 2006 | Filed under: Bankruptcy
 posted by Questions @ 4:02 pm 1 Comment
Cost

Does it cost money to file bankruptcy in Alberta or does the government cover it?

Posted on Thursday, November 23, 2006 | Filed under: Bankruptcy
 posted by Questions @ 3:56 pm 1 Comment
Taxes

My husband and I are into the revenue canada for around 50k. While we agreed to make monthly payments, we haven’t been able to keep up with them and even when we do they don’t seem to even be affecting principal. Now, for whatever reason these payments are not good enough for revenue canada, and [...]

Posted on Friday, November 17, 2006 | Filed under: Bankruptcy
 posted by Questions @ 2:24 pm 1 Comment
Student loans with collections

I have 3 student loans, but 2 of them have been sent to a collection agency, now if I file a bankruptcy will I be cleared?

Posted on Thursday, November 16, 2006 | Filed under: Bankruptcy
 posted by Questions @ 10:42 am 1 Comment
Finding a Trustee

I need to file for bankruptcy in Alberta and need to select a trustee are there any special questions I should be asking or anything specific I should look for to make sure I find teh trustee that would be the best for me?

Posted on Wednesday, November 15, 2006 | Filed under: Bankruptcy
 posted by Questions @ 12:23 am 1 Comment