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I have approx 18,000 in student loans and a 13.00 hour job. My rent is 500.00 a month not including utilities. I can afford 200.00 a month in repayment to OSAP but they are refusing to accept this. I have just finished school approx 9 months ago. I have not defaulted or ignored these people, and don`t know what else to do…Can they legally refuse my payments?
Posted from: Ontario
A lesson for our times: On this date in 1824, Henry Fauntleroy, the last Englishman to hang for forgery, met his fate at Newgate prison. via In 1807, Fauntleroy inherited a partnership in the foundering London bank Marsh, Sibbald, Stracey, Fauntleroy & Graham.
Marsh, Sibbald was hit with demands from creditors and suffered losses in speculations with “builders and brickmarkers.” In 1819, one of Fauntleroy’s partners died, and the bank lacked funds to pay cover the cost of his capital. That’s when Fauntleroy took his drastic step and sold stock that he was supposed to be holding for investors.
Fauntleroy denied using the money to finance a debauched lifestyle.
Broadside of his execution here.
I have a lease for my car and now unable to continue paying full amount. How does a consumer proposal affect my lease? I do not want to loose the car.
Posted from: Ontario
What are the fee rates for trustees for managing a Consumer Proposal in Ontario?
Posted from: Ontario
I see a lot information on the internet about credit card applications after bankruptcy but what about lines of credit? Is it and when is it possible to apply for a line of credit after being discharged from bankruptcy…Assuming one has a job, some savings etc…
Thank you
Posted from: Ontario
I am supposed to be discharged from bankruptcy in about 5 months. A member of my family has just died, and I am not sure if I am in the will. If the will is not read, or if I am not informed that I am a legatee until after my discharge, do I still have to pay my inheritance retroactively? That is, can they take all of it up to the amount owed. If they do is there also a charge on top of this? Or is it just straight debt payment?
Posted from: Quebec
was delinquent on paying my bankruptcy and now the trustee has filed for his discharge on February 5. If I pay my balance to the trustee before that date, can I still be released, or will what I pay to the trustee just be lost. Will I be able to file for bankruptcy again, or will I be just left to the wolves.
Posted from: Quebec
Total debt Freedom .INC is this governed by the (BIA ) insolvency trustee act , is it a good idea instead of bankruptcy. please let me know
Posted from: Ontario
I have a business. It is a partnership. I am the only name on the lease and we are in arrears of 2 months and unable to continue. Can the value of the amount of the remaining lease payments be included in my consumer proposal? Also, the loan to the bank is joint - my partner will take that himself - can that be excluded if the bank removes my name?
Posted from: Ontario
I have a large amount of debt and I am thinking of declaring bankruptcy. My concern is will I lose my house? The house`s Title is in my wife’s name and not mine?
Posted from: Ontario
When a debtor admits in writing to a creditor that they have incurred their debt frauduently, what happens to that debt in a bankruptcy?
Posted from: Ontario
I have filed for bankruptcy and I am half way done, before I should get discharged. First time bankruptcy.
1) Can I apply for a secured credit card even though I have not been discharged ?
If so, will that affect my bankructy process or extend my period before I get discharged ?
THANK-YOU
Posted from: Ontario
Recently, I filed bankruptcy and have a meeting with officer receiver? I don’t know about law anything Can some one explain what s that about it/Is she /he the one make a decision about file?after meeting will I go to court and defend myself?
Posted from: Ontario
I have $10 000 . in my bank account and need to declare bankrupcy.
Can I give my 18 and 23 yr old daughters
my half of their tuition fees .
(Their mother, my exwife gives them the other half.)
This is financial support of my children as I see it.
Posted from: Ontario
In another attempt to quell the growing financial crisis, the Federal Reserve announced Tuesday it will buy up to $600 billion in mortgage-backed assets. The Fed will purchase $100 billion of Freddie Mac, Fannie Mae and the Federal Home Loan…
Are there `duties` associated with the acceptance of a consumer proposal as there are with filing for bankruptcy ? And what might they be ?
Posted from: British Columbia
If a third bankruptcy is declared, you stated it would take longer and court appearance would be unpleasant….would a personal appearance at court be mandatory?
Posted from: British Columbia
Hi
I opened an RESP for my daughter 3 years ago with the minimum of $2000 and automatically, there has been about $1500 grants from government added to this account. I haven`t been able to contribute anything since then. I am in debt and was wondering if the creditors are allowed to withdraw money from this RESP account ! specially the bank where i have this account and i owe them in the meantime.
thanks.
Posted from: Alberta
You’ve checked your sources and get input not to trust those so called discount legal services. You hear nightmare stories about how they did nothing to solve your acquaintances problems. You keep on searching hoping to find the truth, no end is in sight for the solving of your problems. Your hope diminishes before you ever get an answer tho solve current situation. You decide to go ahead and investigate your own issues with the providers however you need a membership before you ever begin. Where do you start, who do you trust and who will provide you with the most bang for your buck.
With the changes in bankruptcy laws, financial bailout and foreclosure rates skyrocketing homeowners need assistance in closing fears and saving their financial lives. When the stress and anxiety overwhelms people they are driven to make choices that could affect their financial lives. Before you make a choice that could haunt you for years after your decision you need to sort out the truth. Take the time to learn how to protect yourself from fraud, lies and receive the proper information you need before it’s too late.
Who provides the loan to consolidate the debt….for collateral can one use a death insurance policy which could be signed over to the lender?
Posted from: British Columbia
can a person declare bankruptcy more than once?
Posted from: British Columbia
If I had a credit card with certian banks, and then declared bankruptcy, would those banks let me open a chequing or savings account account with them?
Posted from: Saskatchewan
I live in Quebec and my common-law spouse (not applicable in QC) left me about 18 months ago. There was no legal separation agreement since it is not recognized in Quebec. Last month she filed for bankruptcy which left me to pay for any debts we jointly signed on. In order to pay these debts, I am forced to sell the house. Now, her trustee informes me that 50% of the equity will go to them as her share in the equity which she voluntarity forfeited when she left. I need help here since the closing date is less than a week away.
Posted from: Quebec
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