i am going to sponsor my spouse, but before she comes here i would like to take control of my debts. i am thinking of applying for consumer proposal, and a friend told me it is one step before bankruptcy. will it affect my application for sponsorship? because i am not allowed to have bankruptcy [...]
Archive for January, 2010
posted by Questions @ We filed a Consumer Proposal almost a year ago and now find the payments difficult to make each month. We / I have a car it is my only asset. The payment s are high on it also, but I work in the country and there is no transit system. Is there any thing we [...]
We have already sat down and realized that we have 111,000 in unsecured debt. We met with a trustee prior to the bankruptcy act changing and he said that a proposal was our best way but we should still consider our house as the mortgage payments are so high. So no rush now that its [...]
In 1999/2000 I recieved a Student loan from the province of Alberta to attend school. In March of 2000 I was in a debilitating accident and had to stop attending. Up till 2006 I was a stay at home mom, and not able to pay off my loan. Since 2007, when I started working, Alberta [...]
I now live common law, but am still listed on a number of my ex`s debts and he has been spending more than he should. I must admit I really didn`t pay attention to what he was doing as I am no longer a part of that relationship, but just recently some of his creditors [...]
Rigth now I am facing a situaiton that I just can`t seem to manage. It has been some time since I have been able to pay bills on time. How long should I go before I look into filing for bankruptcy? What happens if my creditors don’t accept the bankruptcy, do I have any other [...]
