Consumer proposals – Bankruptcy Alternatives

October 28, 2010 Posted by nautalexSA under Bankruptcy
No Comments

Debtors in Coquitlam, British Columbia who are looking for an alternative to bankruptcy, may want to consider filing a consumer proposal. Consumer proposals allow people to pay back their debts over an extended period of time. They are ideal for those who have debts over $5,000, who have a stable income, and who are capable…


Bankruptcy Statistics

October 28, 2010 Bankruptcy
How Many People Go Bankrupt in Coquitlam British Columbia? Presented below is a chart showing the number of consumer bankruptcies and proposals filed in Coquitlam, British Columbia in 2003 and 2004. as compiled by the Office of the Superintendent of Bankruptcy; full details availabe on their web site. As the above chart indicates, the bankruptcy…

Bankruptcy Coquitlam

October 27, 2010 Bankruptcy
I’m falling behind on monthly payments, would bankruptcy be a good option for me? Bankruptcy is perfect for people in your situation. There are several bankruptcy alternatives that should be researched before you proceed with bankruptcy, but if you have exhausted all of those options, bankruptcy may be just what you need to get a…

should i claim bankruptcy?

July 31, 2009 Bankruptcy
Question: I have:18,000 line credit15,000 master card1,000 over draft3,000 visa10,000 car i earn approx 2,500 every two weeks.What are my options? Answer: You have a number of options. Since you are earning about $5,000 per month, it may be possible to repay your debts on your own. Start by making a household budget and cutting…

What are my options?

November 4, 2008 Bankruptcy, Consumer Proposal
Question: I have mastercard 8500.00Visa 9,000.00loc 8,000.00car 3,400.00overdraft 1,500.00 situation: income is $2,471/moand..I am 67 years old, healthy.what are my options? Answer: You have a number of options. First, you could attempt to repay the debts on your own, or perhaps get a debt consolidation loan to lower the interest rate you are paying. If…

Student Loans and bankruptcy

October 26, 2008 Posted by nautalexSA under Bankruptcy
No Comments

Question: My, and my partner’s, student loans are in collections with Revenue Canada and Collections BC. Would these be eliminated if I were to declare bankruptcy? We have no real assets, no expensive furniture, and no newer appliances or electronics. We can barely make payments and are not even keeping up with the interest on…

How much does it cost to declare bankruptcy in Coquitlam?

March 7, 2008 Posted by nautalexSA under Bankruptcy
No Comments

Question: I am so far behind on my taxes I cannot catch up, and the same with child support although I have tried and still make payments. However, I lost my job last year and have been unable to find another; am on EI for a couple more months. How is the cost of delcaring…

Are you self-employed, and falling behind on your taxes?

January 3, 2007 Posted by nautalexSA under Bankruptcy
No Comments

Does This Example Sound Like You?John Smith has worked as a dry-walling sub-contractor for the past three years. In his first year his income was low, and he was unable to pay his taxes. Now he has gotten so far behind and he can’t get caught up. Is this your situation? What Can You Do?Once…