Questions for Personal Bankruptcy in Alberta (Canada) only.
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Recently posted questions and answers:
Recently ended a lengthy legal battle, and lost. Child related. Have approximately $75k in outstanding legal fees (paid $300k). Still have CRA debt from the relationship $80k, CC about $25k demand letter of $130k Could I do a proposal? I know the demand note and lawyer could be settled for 5% how would that effect CRA?
I am currently unemployed and have accumulated credit card and lines of credit debt of aprox $180K. I am currently 57 years old and am drowning in the ability to pay this down. My common law spouse has sole name on the title of our residence and also is sole name on the mortgage. If I have to file for bankruptcy, is she safe from creditors? Her name is not on ANY of my debt. Thank You
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