Archive for November, 2006

Since student loans are not covered by bankruptcy, are the student loan payments deducted from surplus income calculations?

My wife works in the U.S. and would like to know if her 401K is protected in the U.S. or if it is seizable if she goes bankrupt in Ontario?

My mother filed for bankruptcy a few years ago. She said she had to pay for 9 months + an additional 12 months after her discharge. What was this for?

Also, has bill c-55 come into affect yet?

Thanks.

My husband and I are filing for bankruptcy. After crunching all the numbers, it is our only option. We do, however, have a co-signer for a student line of credit. I suppose my questions are:
1. How does this affect the co-signer?
2. Is it true we can’t maintain accounts at our bank after the bankruptcy? Is it also true that we can’t bank at the same institution as our co-signer?

My husband left me and my 2 children last year. He didn’t pay any of his part of the debts that were agreed upon in the seperation agreement. When collection agencies started calling he declared bankruptcy and I am now left with $50,000 of his debt. He hasn’t paid a cent for his children in a year and now wants his passport so that he can take his girlfriend on holiday. I only make $25,000 a year, is there any way that I can sue him for this debt.

what is the cost of declaring bankruptcy?

What happens to your ex’s pension (OMERS Pension) when he declares bankruptcy in the middle of your separation and then you declare it 6 years later?

How can I go to court and have my name removed from my husband’s debts due to gambling

How does it work when most of the bankruptcy will be due to the closure of a small business that was a partnership?
Also, does it affect the person re: owning another business?

If you file for bankruptcy and you have some rrsp’s do they go towards your bills even though they would not cover the total amount? Thank you.