Monthly Archives: December 2006

Question: Hello, thank you for taking time to read my question. My spouse and I currently have $73,000 in unsecured credit card debt. We have a 2 yr old son. We take home approximately $4500/month net pay. Once living expense are paid, I would estimate that we have about $1500/month left… Read more

Question: Our debt problem has gotten intolerable again. Our first bankruptcy was 10 years ago. Due to my husband’s health his salary has been decreased and our debt load is not manageable. How does the court look at a 2nd bankruptcy or is consumer proposal our only option? Second Time Bankruptcy… Read more

Question: I’m seriously considering filing for bankruptcy very soon. After filing for personal bankruptcy, how does this effect employment with regards to being bonded? Will being an undischarged or discharged bankrupt harm my chances of being able to be bonded? Bankruptcy, Bonding and Employment If you are in a position or applying for a… Read more

Question: I am thinking of filing either a consumer proposal or personal bankruptcy. I owe $45,000 in credit card debt and own my home. My house is worth approximately $275,000 with a first and second mortgage totalling $265,000. Can I file bankruptcy or a proposal and only include my credit… Read more