Comments on: Ask a Trustee

By: Attorney in Upland

Attorney in Upland — Wed, 11 Jan 2012 11:31:01 +0000

Attorney in Riverside…

[...]Ask a Trustee ()[...]…

By: Attorney in Orange County

Attorney in Orange County — Wed, 11 Jan 2012 11:18:53 +0000

Attorney Bankruptcy Lawyer…

[...]Ask a Trustee ()[...]…

By: Trustee

Trustee — Sun, 04 Sep 2011 18:28:39 +0000

Conrad: Please refer to the following link:

http://www.bankruptcycanada.com/studentloans1.htm

By: Conrad

Conrad — Sun, 04 Sep 2011 17:43:54 +0000

I heard that you cannot file bankruptcy on student loans, until after seven years, i was informed that even after declared after seven years its still filed to collections or something of that sort is what the representative of the NSL services told me,..im curious what exactly and when I can file on my student loans, ie..how long before, and what if any limitations or restrictions, basically i need to know about filing on my student loans, i already dont have good or bad credit, work a minimum wage job to get by and pay cash for everything i own and buy anyways,…so yeah any help in clarifying this would be appreciated.
thanx

By: Trustee

Trustee — Sun, 04 Sep 2011 16:17:55 +0000

Jacki: She can file bankruptcy and the student loans will be included in the bankruptcy since it has been more than 7 years since she was in school.

By: Trustee

Trustee — Sun, 04 Sep 2011 16:14:41 +0000

Mike: What your options are with the leased furniture will depend on the contract you signed. Take the contract to the trustee for your initial consultation and he will be able to tell you your options.

By: Jackie

Jackie — Sun, 04 Sep 2011 13:17:12 +0000

My daughter had been paying her student loans(from 2002? 1 federal 1 provincial)) until three years ago. She was crossing the street one night and was struck by a car. She has not worked since and is waiting for her 4th surgery. Any money she recieves(SAAQ) goes towards her recovery. (Physio, message therapy etc) Is she able to declare bankruptcy? We live in Quebec so she can not sue the driver due to the no fault laws. (no one is responsible) No lawsuit =no settlement.

Thank you for having this website.
Jackie

By: Mike

Mike — Sun, 04 Sep 2011 06:59:03 +0000

I am considering bankruptcy, but have a question first.
I understand that you can keep household furnishings, however what is not clear to me is this, What if it is leased furniture?
I currently have a home that is furnished with easy home items, most are almost paid off but am now having trouble keeping up with the high payments.
Can I use easy home in the bankruptcy? or will all the items need to be sent back?

By: Trustee

Trustee — Sat, 03 Sep 2011 21:10:52 +0000

Mary: What she has told you about her not being able to pay you is correct. The discharge term varies with the income of bankrupt. Please refer to:

http://www.bankruptcycanada.com/BankruptcyTermPredictor.php

By: mary

mary — Sat, 03 Sep 2011 20:22:17 +0000

My daughter declared bankruptcy in Vancouver and she owns me money. She has told me that she cannot pay me as that will affect her discharge. Is that true? she says her discharge is in 21 months and I noticed this website says it is 9 months. What is the correct time?