Archive for October, 2009

bankruptcy and the impact on a house.

I need to declare bankruptcy, I am worried about my house, my mortgage payment is 1677, do you think that I can keep my house? We have limited income as both me any my wife are disabled.

Posted on Friday, October 30, 2009 | Filed under: Bankruptcy
 posted by Questions @ 9:02 am 1 Comment
Hello,

We are having serious financial troubles.  We owe a number of credit cards, a mortgages, student loans, personal loans etc. I am the only one who works because my wife stays at home with 2 small children.  I think I need to go bankrupt, are you the right person to talk to about this?

Posted on Monday, October 26, 2009 | Filed under: Bankruptcy
 posted by Questions @ 1:22 pm 1 Comment
bankrupt in alberta

Can my husband and I each have $40,000. worth of equity in our pricipal residence?

Posted on Thursday, October 22, 2009 | Filed under: Bankruptcy
 posted by Questions @ 10:46 am 1 Comment
in a proposal but I cannot continue with it

Can you declare Bankruptcy when you are in Proposal??

Posted on Tuesday, October 20, 2009 | Filed under: Bankruptcy
 posted by Questions @ 7:04 am 1 Comment
Change of income during bankruptcy

If after filing for bankruptcy, my income increases and becomes more than my expenses, how does it affect the bankruptcy proceedings?

Posted on Tuesday, October 20, 2009 | Filed under: Bankruptcy
 posted by Questions @ 7:03 am 1 Comment
business bankruptcy

There are 4 of us who have started a business. The business was incorporated in 2007 and really has been operating for the last 3 months. The business is failing and we are looking at filing bankruptcy. All 4 of us are listed as directors and were wondering if this bankruptcy will effect our [...]

Posted on Monday, October 12, 2009 | Filed under: Bankruptcy
 posted by Questions @ 8:09 pm 1 Comment
filing bankruptcy in Canada with trustee vs. lawyer?

When filing for personal bankruptcy why do some people use a lawyer and other use a trustee? What is the difference?

Posted on Monday, October 12, 2009 | Filed under: Bankruptcy
 posted by Questions @ 8:07 pm 1 Comment
sued by a creditor

My visa (royal bank) sued me. I got some court papers that I didn`t understand and they just took money off of my paycheque. Now is it to late for me to file for bankruptcy? If I do will it deal with this company that has sued me, or is it to [...]

Posted on Monday, October 5, 2009 | Filed under: Bankruptcy
 posted by Questions @ 7:59 pm 1 Comment
unfinished bankruptcy

Hello,
I have a problem, I declared bankruptcy in Ontario in 2004 and I did not complete my duties. I am pretty sure that my trustee removed themselves from my file and that to my knowledge i was never discharged.
My problem is that I now live in Alberta and don`t know what do i need [...]

Posted on Monday, October 5, 2009 | Filed under: Bankruptcy
 posted by Questions @ 7:57 pm 1 Comment