Archive for April, 2009

How Bankruptcies Affect Individuals

Wednesday, April 29th, 2009

A sad consequence of the current worldwide economic downturn is that more and more people are turning to bankruptcy as a way out of their financial difficulties. And if it wasn’t for the social stigma of other people knowing about it, it`s likely that the figures for bankruptcies would be far higher than they already are. So, what does bankruptcy involve, and what are just some of the implications for individuals?

Bakruptcy Dismissed 2 (the case of the missing SS#)

Wednesday, April 29th, 2009
earthicastar asked:


Bakruptcy Dismissed, luckily i have another one already filed, ,,, but there’s no telling how soon they’ll dismiss it, ,,, and if so ill need to file a motion the minute they do ,,, to vacate the default that forced me into bankruptcy in the first place … which was based on fraud and forgery and perjury

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What is the difference between exempt property and non-exempt

Wednesday, April 29th, 2009

I would count it a privilege to be able to visit with you in a relaxed and confidential environment where I’ll answer all of your questions in plain English and give you the straight scoop on the pros and cons of bankruptcy as related

What Happens to Secured Debt in Bankruptcy? | GoBankruptcy.net

Wednesday, April 29th, 2009

Many bankruptcy questions usually run through debtors minds once they have been declared insolvent and are no longer able to pay their creditors. One is left to wonder what is required of them next and what the situation will affect

Bankruptcy and Tax refund

Tuesday, April 28th, 2009

Bankruptcy and Tax refund. he will get a refund of 1.7k but becuase he is 2nd bankruptcy can they keep his refund . im not sure how that works but he is away and is unable to contact them due to his job. And they wont discuss it with me even tho posted by Questions @ 9:25 pm. 1 Expert Comment: Click here for more information about Barton Goth - Goth & Company Inc. -Trustee At April 29, 2009 | 9:39 am , Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy Said.

Bankruptcy and Tax refund

Tuesday, April 28th, 2009

Hi my partner went bankrupt in august 08 and he just got his pre bankruptcy tax return copy back it shows that?
he will get a refund of 1.7k but becuase he is 2nd bankruptcy can they keep his refund . im not sure how that works but he is away and is unable to contact them due to his job. And they wont discuss it with me even tho im commanlaw with him

also i just looked at his post bankrutpcy return says refund at 1.3k if anyone know it be great

Posted from: Nova Scotia

removing a name from a mortgage

Tuesday, April 28th, 2009

If he declares bankruptcy while we are separated/divorced will I be effected since my name is no longer on the house? Posted from: Ontario. Filed under: Money management and problems and Bankruptcy. posted by Questions @ 7:06 pm

removing a name from a mortgage

Tuesday, April 28th, 2009

My spouse purchased our home before we got married. Around 3 yrs ago I had to co-sign for the mortgage because we refinanced, so my name is now on the mortgage and house. I want to get separated, can my spouse refinance again by himself (so my name gets removed)before we separate? I don`t want the house and we don`t have children. If he declares bankruptcy while we are separated/divorced will I be effected since my name is no longer on the house?

Posted from: Ontario

SY6 Blog - Insaneness of Bankruptcy

Tuesday, April 28th, 2009

If you know somebody that is thinking that declaring bankruptcy may be a solution to the situation, a bankruptcy lawyer should be able to answer any questions. Simply put, insolvency proceedings are extremely complicated, the home owner

Consumer Proposal after Bankruptcy

Tuesday, April 28th, 2009

I claimed bankruptcy in 2002, have been discharged - but my studen tloan debt survived. I am a mother of 3 (single) and cna not keep up with the demands for the 32K owing on the student loan. Plus I have other debts due to my relationship ending. a total of approx. 48K owing. Am I better to offer a Consumer Proposal or claim Bankruptcy for a second time? (I have been out school for over 14 years).

Posted from: Ontario