I own a condo in Arizona with my brother. I understand that in a bankruptcy I would loose my share, but would this happen if I file a proposal instead?
Archive for December, 2009
posted by Questions @ I am going to file a consumer proposal but I have a question. My husband and I have a joint bank account. Do I have to declare the money in this account, even though I am not declaring his income (I have discussed this with a trustee, my cost of bankrutpcy would be higher by [...]
Hello, Five years ago my brother and I opened an incorporated company. It was a dog grooming business. We only operated for 11 montsh, and then closed the doors. My problem is I just found out that my brother did not pay the taxes or GST and the whole time I just assumed he was. [...]
Hello, I drive truck, I am self employed and have been for the last 20 years. Lately with higher fuel cost, fuel surcharges, and the Government not allowing all of your right offs I just can`t do it anymore and I have been drowing in debt every since the last changes to the Government regulations. [...]
I was driving an uninsured vehicle and caused property damage and will likely be sued by the people in the car. I am unemployed and own nothing. If I am unable to pay the amount they sue for and I file for bankruptcy does this debt go away?
I need to know if bankruptcy affects my income tax refund or my child tax credit? I think I need to file, but I just need to know what the impact of everything will be.
Hello, I am currently attending school. I am in my second year of nursing. I have student loans that have got me through the first 2 years. But my vehicle payment and credit cards are way behind. So much that I feel like I am drownding and it s beginning to affect my school work. [...]
Hello, I have a student line of credit. I got this about 7 years ago when I was in school and there is about $15,000 outstanding on it. My aunt is the co-signer. If I declare bankruptcy, will she be responsible for the debt?
I have to file for bankruptcy. My health is simply isn`t good enough for me to pay everything. My debt is all in credit cards and unsecured lines of credit. Will my spouse be responsible for any of this debt?
I’m confused. I have to file either a bankruptcy or a proposal, but I can seem to be able to figure out what will happen to my RRSP`s. I have tried to do my research and have run into what I think is contradictory information. Some of the stuff I read suggests that all my [...]
