Archive for July, 2008

Allowable debts

Due to the aftermath of the collapse of my 30 yr marriage … I am looking at options. A claim was filed against me in civil court regarding a motor vehicle accident that was not judged to be my fault .. no charges were laid. Therefore my insurance company rightfully refused to cover it. The [...]

Posted on Thursday, July 24, 2008 | Filed under: Bankruptcy
 posted by Questions @ 7:33 pm 1 Comment
General Inflo

I filed for bankruptcy in 2004-2005, due to an ongoing divorce, and unseen circumstances, my bankruptcy is not finalized yet after 4 years, what options do I have.

Posted on Thursday, July 24, 2008 | Filed under: Bankruptcy
 posted by Questions @ 12:42 pm 1 Comment
Options, Impact on house, joint debt etc.

I am self employed. I have been running my business since fall of 2004 and I am still not taking a salary. My debt is huge, it is spread between credit cards and a couple of bank loans. The biggest loan has been signed by my husband as well and all the [...]

Posted on Wednesday, July 23, 2008 | Filed under: Bankruptcy
 posted by Questions @ 10:28 pm 1 Comment
Impact on current credit rating on acceptance of proposal

Right now I am $200k in the hole and have never missed or even been late for a payment. But I am in a position where I am not going to be able to keep this up much longer so am considering a proposal. My question is whether or not my positive credit [...]

Posted on Wednesday, July 23, 2008 | Filed under: Bankruptcy
 posted by Questions @ 10:25 pm 1 Comment
bankruptcy and RESP`s

My husband is looking at filing for personal bankruptcy.
If my husband was to claim bankruptcy how would this affect out childrens RESP?

Posted on Friday, July 18, 2008 | Filed under: Bankruptcy
 posted by Questions @ 7:24 pm 1 Comment
Cash store, money mart etc.

I owe money to 6 different money marts. I know it was a bad idea, but once I got one the rest just began to spiral. Now I am wondering if you can claim bankruptcy you can claim on a cash loan stores like money mart?

Posted on Friday, July 18, 2008 | Filed under: Bankruptcy
 posted by Questions @ 7:23 pm 1 Comment
Multiple Bankruptcies?

Can I declare personal bankruptcy more than once?
If I can is there any changes I need to know about?

Posted on Friday, July 18, 2008 | Filed under: Bankruptcy
 posted by Questions @ 7:21 pm 1 Comment
Residence

I`m a young adult currently living with my parents. I have to move out but I can`t afford it because of my debt. If I claim bankruptcy before moving out of my parent`s home, will I be left with enough money to pay for rent and living expenses?

Posted on Wednesday, July 16, 2008 | Filed under: Bankruptcy
 posted by Questions @ 6:03 pm 1 Comment
CONSOLIDATION

I AM $45,000 IN CREDIT CARD DEBT.. HAVE A CAR LOAN. AROUND $18,000 OWEING.. LAST YEAR IN 2007 MY INCOME WAS $62,000. CAN`T GET A LOAN FROM THE BANK TO CONSOLIDATE. I HAVE NO EQUITY.. IS THERE SOMEWHERE I CAN GO TO CONSOLIDATE MY DEBT..

Posted on Tuesday, July 15, 2008 | Filed under: Money Management
 posted by Questions @ 6:35 pm 1 Comment
credit cards and bankruptcies / proposals

I have read that in a bankruptcy I have to give all my credit cards to my trustee, even if there is a zero balance on the card. Is this the same if I file a proposal.
The reason I ask is that for work I do a lot of travel and I need be [...]

Posted on Tuesday, July 15, 2008 | Filed under: Bankruptcy
 posted by Questions @ 7:25 am 1 Comment