I have a house valued at $140,000.00 with a mtg of $40,0000 on it. It is both my name and my wifes name, and I dont` want to go bankrupt!
If I file a consumer proposal what happens to the house.
Archive for September, 2009
posted by Questions @ I have a home trust secured credit card. Can I keep this if I file a consumer proposal? I know I can`t with a bankruptcy, but is it different with the proposal?
I have a house.
I think the value is about 140k.
The mortgage on it is about 40k.
The house is in my and my wifes name.
I think I need to go bankruptcy. If I do, what happens to the house?
Hello, I find my self in a perdiciment.
I have a significant assets, but the problem is they are tied up and even if I could get at them they may not be sufficient to cover all of my indebtedness.
I suppose this partially depends on how the assets are sold, and more importantly what is [...]
If I go Bankrupt how long until I can start rebuilding my credit?
Same question about consumer proposal.
What is easier to recover from.
Is it possible for me to file for bankruptcy without affecting my husbands credit?
My other question is about the loans I have that really don`t cause me any problems. Can I file bankruptcy only on my loans that are not in good standing?
Hello, I am looking into the filing of a bankruptcy, but I have property in BC and Alberta (I live in Alberta). I have been told that neither of these properties is going to be at risk, but that sounds to good to be true.
Please let me know, this has got my confused and [...]
If I file for bankruptcy do my tax returns get seized? And if so, for which year?Is this the same if I file a consumer proposal
If I co-signed a loan for someone to buy a car and now, two years later, they (as in the person that who I co-signed for) decided to file for bankruptcy, Can the bank go after the co-signer for the remaining balance of the loan?
Hello, I have some questions for you, but I will first give you a bit of background.
- I am a single mother
- I work part time and make about $1,400 net per month
- I have 53,000.00 in unsecured debt (mostly credit cards)
I have no assets
I think I need to file a bankruptcy, but if [...]
