Archive for April, 2008

Posted on Thursday, April 17, 2008

Can I file for bankruptcy.

I own nothing! Just the clothes I wear. I rent a furnished appartemnt and the bus is my only mode of transporation. I owe bunches of money and am in alot of debt. Can I still file for bankruptcy and if I do will I be left enough to live on?

Filed under: Bankruptcy
 posted by Questions @ 8:43 am 1 Comment

Posted on Thursday, April 17, 2008

Questions about bankruptcy.

I run a small oilfiled service company under my own name. I have run into tax problems with CRA.
There are a wide variety of things that have got me here, but the end result is I ow CRA about $100,000 and other creditors about $40,000.
I have very few assets…no house,property etc… I do have an […]

Filed under: Bankruptcy
 posted by Questions @ 8:41 am 1 Comment

Posted on Thursday, April 17, 2008

I need a list of creditors

I was going to call a trustee to sit down and have them review my finances, but I need to get a list of creditors before I do. what is the est way to get this ?

 posted by Questions @ 7:56 am 1 Comment

Posted on Monday, April 14, 2008

Does a bankruptcy help with my back taxes?

I owe bunches o money to the government with taxes. They wont leave me alone, and I am sick of it. The just garnisheed my wages and are only leaving me with a fraction of what I make. There is no way I can ever afford to pay them back, even if I live in […]

Filed under: Bankruptcy
 posted by Questions @ 8:09 am 1 Comment

Posted on Monday, April 14, 2008

Do I lose all my RRSP`s if I go personally bankrupt?

Do I lose all my RRSP`s if I go personally bankrupt?

Filed under: Bankruptcy
 posted by Questions @ 8:06 am 1 Comment

Posted on Monday, April 14, 2008

What options do I have?

I am in a bind and I am having a hard time making my payments on all my credit cards, my line of credit and really all my bills. I don`t want to go bankrupt but was wondering what other options do I have other than bankruptcy?

 posted by Questions @ 8:05 am 1 Comment

Posted on Monday, April 14, 2008

How do I re-establish a Credit Rating after bankruptcy?

I recently filed a bankruptcy and more recently was discharged. Can you tell me what the best way is to begin to rebuild my credit? I really want to start a new life with credit and I want to make sure I do things right. Thank you.

Filed under: After Bankruptcy
 posted by Questions @ 8:04 am 1 Comment

Posted on Friday, April 4, 2008

What happens to my house

I am having financial problems and think I need to file a bankruptcy. I owe roughly $40,000 in credit card debt and bank loans. I can barely make the minimum payments and don`t see any other option. If I have to file for bankruptcy will I loose my home?

Filed under: Bankruptcy
 posted by Questions @ 3:19 pm 1 Comment

Posted on Friday, April 4, 2008

What is the impact on my ex if I file for bankruptcy?

Thirty years ago my wife and I applied for a personal line of credit at our local credit union. About fifteen years ago we got another line of credit at TD bank. About 2 years ago my wife separated and I agreed to take the larger loan. Right now we are legally seperated but never […]

Filed under: Bankruptcy
 posted by Questions @ 3:18 pm 1 Comment

Posted on Friday, April 4, 2008

What happens to money owing to family and friends in a bankruptcy?

I owe the bank well over $100,000. I also owe family and friends about $85k. What would happen to the money I owe my family and friedns should I claim bankruptcy?

Filed under: Bankruptcy
 posted by Questions @ 3:09 pm 1 Comment