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Posted on Wednesday, August 30, 2006

Leased auto - status in bankruptcy


I owe $50,000 in credit card debt and can not meet the minimum payments any more. I know bankruptcy is an option for me. My question is, can I include a leased automobile in a bankruptcy? My payments are too high and it is a lemon.

Posted on Friday, August 25, 2006

I live in Portland,OR - Am I a Canadian Resident?


I live in Portland Oregon. I have significant Canadian debt. I am on contract for a short period of time in Portland. Can I file for bankruptcy in Canada?

Posted on Monday, August 21, 2006

Bankruptcy vs Proposal


I owe approximately $50,000 to 8 credit card companies. I have just got a new job earning approximately $3,000 net after income tax. My wife is pregnant with our 4th child and is due in October. I do not want to file for bankruptcy. Can I do a proposal?

Posted on Thursday, August 17, 2006

Declaring from Overseas

I moved overseas five years ago and have since accumulated debts to a credit card company and to Revenue Canada. I am unable to pay these debts. Can I submit a Consumer Proposal or Declaration of bankruptcy from overseas?

    
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