Monthly Archives: January 2012

Debt Settlement Company vs Trustee?
By Bankruptcy Ontario Trustee
23 Jan 2012 | Category: Bankruptcy Alternatives
debt settlement company vs bankruptcy trustee

Question: My Husband and I are considering going through a consumer proposal. We originally went to a Debt Settlement company. Although the rep has been very helpful, there is a fee of $900.00 for their services. He said that although they are not licensed trustees, they look for the best…

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What Happens If You Sell House Just Before Bankruptcy
By Bankruptcy Ontario Trustee
09 Jan 2012 | Category: Bankruptcy in Ontario
sale house bankruptcy

Question: There is no equity in our house. We have two mortgages on the house and the total of those mortgages equals about what the house is worth or maybe more than what the house is worth. So if we were to sell for the total amount owing on the…

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