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I am in a 3-year consumer proposal and I am in the end of the first year, no problem of paying to my trustee monthly according to the consumer proposal.
My question is: if you want to apply to lease a car in car dealership, will they accept my application or just refuse it?
Posted from: Ontario
For borrowers suffering the many humiliations large and small of debts increasing beyond their control, there are actually several different forms of debt relief available to average consumers. What may surprise most Americans, actually, is the extent to which bankruptcy will no longer be considered among the debt relief alternatives that seasoned financial advisors recommend to most clients. Three years ago, while the economy was still relatively robust and the media was distracted by Iraq war coverage, the congress slipped in a few seemingly minor alterations to the United States bankruptcy code that went on to weaken tremendously the protection…
I`m joint owner in a home, the mortgage is joint with my spouse which I became separated in Oct/06. He`s living in the home and has been paying the mortgage. I cannot financially continue paying on the debts I have in my name only as I`m on CPP medical diasbility-$1054 mthly, and considering filing bankrupcty. Is it possible to change title on the property to our daughter (she`s 20) and then file so the home won`t be affected? I have no other assets, but the debt is joint and he can`t qualify on paper to assume my portion of the mortgage. We both would like to hold on to the home until our daughter is finished university and out living on her own. Your reply would be appreciated.
Posted from: Ontario
If I declare bankruptucy and I have a ski-doo with an approximate value of $3000 what will happen? Do I lose the ski-doo?
Posted from: Newfoundland and Labrador
Chapter 13 Bankruptcy is a legal process that differs from traditional debt consolidation in certain important ways. This article details some of the most significant differences.
I guarantor a person to a leased car, he returned it voluntarily and he filed bankruptcy. How does this affect me? Can the leasing company chase after me?
Posted from: Ontario
My husband and brother are both on title and mortgage of our home. We were told that if there was no equity in the home and we kept up the payments that bank would probably let us keep it. Based on the appraisal the trustee said they would not be selling the home because there would be nothing left for creditors. Now, we get a call out of the blue saying that my brother, the co-signor, has paid to have my husband`s name removed from the title so he can sell it. What law allows him to do this? Can we stop him? We have made all of our payments and my husband has done all of his duties as a bankrupt. My brother does not live in the house and we paid him out his entire investment plus interest when he moved out. PLEASE respond. My trustee is not returning my calls.
Posted from: Nova Scotia
What does it take to be discharged from a student loan that survived bankruptcy?
How do I find a free lawyer help to file for a discharge from a student loan that survived my bankruptcy?
Beata
Posted from: British Columbia
If I have a Recreational Vehicle which is in storage in Florida because of a serious mechanical breakdown which I do not have the money to fix,does it have to be turned over and do I get to remove personal belongings which are still stored in it? The vehicle is registered in Canada,and carries insurance.
Posted from: Nova Scotia
Hi There…I owe a considerable amount to CRA. I do have 2 locked in accounts and see that Alberta allows unlocking to pay Rev Canada debts. My LIRA`s are NS and Federally admininstered which do not allow unlocking for tax debt. Bankruptcy is an option but is there any way since bankruptcy is looming to unlock these funds?
Posted from: Alberta
