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Some months a person receives three paycheques instead of 2, during these months that person would have surplus money. If you owe back childsupport, would this be paid first or would the surplus go to the trustee?
Posted from: Nova Scotia
I am 50 years old and have moved in with my mother (sister also lives here). I have a small room, bathroom and kitchen. I am considering bankruptcy, but concerned with my living arrangements. Although my mother makes a pension and my sister a small income — this in no way benefits or affects me. I pay a fair rent to my mother and cover my own food etc.
Will I have to declare the `household` income for the 3 of us — maybe it would be better for me to move to an apartment?
Thanks
Posted from: British Columbia
If I were contemplating bankruptcy then questions regarding bankruptcy would be cascading through my mind, pouring like a waterfall in the mountains, a spring.
I have been discharged from my bankruptcy for about 2 years recently I had my mother`s disability tax credit transferred to me. My question is what happens if I get a refund for years prior to me filing for bankruptcy is the refund mine or does it go to my creditors?
Posted from: Ontario
I have 2 small children, and when they were born, my grandparents gave me $3000 for each of them to invest in a GIC for my childrens future. The certificates are in both my name and the children names, if I file for bankruptcy will I have to cash in my childrens GIC`s and give it to the trustee?
Posted from: Saskatchewan
I would like to know why my family is being categorized as a family of 2 when I’m pregnant and my husband and I are practically supporting 3 people in total.
Posted from: Ontario
Chapter 7 bankruptcy appeals to many people who are just plain sick and tired of their mountain of debt and the constant stream of phone calls from creditors. But you may not be approved to file chapter 7, which is now a court decision. Find out how this works in this article.
If you are looking for ways to simply escape the problem without putting too much weight on you then you can simply file for bankruptcy; this method will automatic stop creditors from collecting your debt payment. After you filed for bankruptcy, an automatic court order will be given in order to stop companies from doing any further action against you, not until your case was finally resolved. The great thing about this is the fact that creditors are not bound to repossess your car, or even dig for a foreclosure of your house; they cannot do anything that will harm your properties.
My question is if I get married or enter into a common-law relationship here in Alberta, will my partner/husband become partially responsible for them? What if I declare bankruptcy? Answer: No, your spouse does not become responsible …
How do I know I am working with a competent bankruptcy attorney? Read below discover the best tips to use when reviewing the qualifications of a bankruptcy attorney.
