Comments on: Bankruptcy Exemptions in the Province of Ontario http://www.bankruptcy-ontario.org Mon, 23 Jan 2012 18:51:03 +0000 hourly 1 By: Yesterday, John (not his real name of course) came into my office in Barrie. John sat down and said that he needs to file for bankruptcy. I said OK, but you do have other that may work better for you. John seemed very surprised by my response and “said http://www.bankruptcy-ontario.org/0ntario_exemptions/comment-page-1#comment-1501 Yesterday, John (not his real name of course) came into my office in Barrie. John sat down and said that he needs to file for bankruptcy. I said OK, but you do have other that may work better for you. John seemed very surprised by my response and “said Tue, 13 Sep 2011 22:00:54 +0000 http://www.bankruptcy-ontario.org/?page_id=1013#comment-1501 [...] per month, John also pays $800 to his ex for child support, he owns  a home with about $10,000 in equity, has a vehicle that he finances and has some RRSP’s but hasn’t contributed any money to them in a few years. John owes about $120,000 to various [...] [...] per month, John also pays $800 to his ex for child support, he owns  a home with about $10,000 in equity, has a vehicle that he finances and has some RRSP’s but hasn’t contributed any money to them in a few years. John owes about $120,000 to various [...]

]]> By: A consumer proposal is great way to make everyone happy, you get to keep your house at a smaller payment then you would have to pay in a bankruptcy and the creditors are happy as they receive more money than they would get if you filed bankruptcy. http://www.bankruptcy-ontario.org/0ntario_exemptions/comment-page-1#comment-1003 A consumer proposal is great way to make everyone happy, you get to keep your house at a smaller payment then you would have to pay in a bankruptcy and the creditors are happy as they receive more money than they would get if you filed bankruptcy. Wed, 06 Jul 2011 21:12:31 +0000 http://www.bankruptcy-ontario.org/?page_id=1013#comment-1003 [...] Ontario there are no exemptions regarding your personal property when you file bankruptcy. However most people have mortgages on [...] [...] Ontario there are no exemptions regarding your personal property when you file bankruptcy. However most people have mortgages on [...]

]]> By: How Much Does it Cost to go Bankrupt in Orillia? A Consumer Proposal May Be the Best Option. http://www.bankruptcy-ontario.org/0ntario_exemptions/comment-page-1#comment-963 How Much Does it Cost to go Bankrupt in Orillia? A Consumer Proposal May Be the Best Option. Fri, 27 May 2011 21:12:48 +0000 http://www.bankruptcy-ontario.org/?page_id=1013#comment-963 [...] the cost of bankruptcy is if you own any assets. In Canada when you file bankruptcy there are exemptions on certain assets, which mean some assets are protected in a bankruptcy. These exemptions are different from province [...] [...] the cost of bankruptcy is if you own any assets. In Canada when you file bankruptcy there are exemptions on certain assets, which mean some assets are protected in a bankruptcy. These exemptions are different from province [...]

]]> By: What happens to my house, car and other possessions if I file a consumer proposal in Sarnia? http://www.bankruptcy-ontario.org/0ntario_exemptions/comment-page-1#comment-792 What happens to my house, car and other possessions if I file a consumer proposal in Sarnia? Fri, 01 Oct 2010 10:08:47 +0000 http://www.bankruptcy-ontario.org/?page_id=1013#comment-792 [...] about personal belongings, furniture, etc?  The same exemptions exist for these items in Ontario for a consumer proposal as for a bankruptcy.  Again, if your [...] [...] about personal belongings, furniture, etc?  The same exemptions exist for these items in Ontario for a consumer proposal as for a bankruptcy.  Again, if your [...]

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