Bankruptcy Discharge

Creditors Must Vote to Accept

Creditors Must Vote to Accept If you have filed a proposal, you should have been told by your trustee that the creditors must vote to accept your offer. The creditors can vote “yes” or “no” or ask for an adjournment of the vote while they consider their position or ask you to supply them with […]

Read More »

How do I Rebuild Credit?

How do I Rebuild Credit? After you are discharged from bankruptcy and perhaps even before you are discharged from bankruptcy, it is time to start researching what steps you need to take in order to rebuild your credit. Once you are discharged, you will be essentially starting over at zero in terms of credit history […]

Read More »

Can a Senior File an Assignment in Bankruptcy?

Can a Senior File an Assignment in Bankruptcy? Just because you are over 65 years old does not mean you cannot file an assignment in bankruptcy. If you are unable to pay your debts as they normally come due, the debts total more than $1,000 and your liabilities are greater than your assets – you […]

Read More »

Can a Senior File a Consumer Proposal or go Bankrupt?

Can a Senior File a Consumer Proposal or go Bankrupt? There are no rules that prevent anyone from filing a Consumer Proposal just because you are 65 years of age. With today’s average of $69,000 in unsecured debt for those 60 years and over, the need to take action is important. The advantage that a […]

Read More »

Older posts «

» Newer posts