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scc007
Starting Member



Canada
2 Posts

Posted - 06 September 2011 :  23:33:31  Show Profile  Reply with Quote
Hi

I moved to Canada 3 years ago , however moved just as the housing market nose dived , so took a 30K hit on the house. So we left a Egg loan and a credit card bill behind, have struggled to pay them off. This summer i had enought, as i had $14 in my bank to last two weeks and i went bankrupt in the uk ( did it under the 3 year rule with 2 days to spare wow)
My father in law was listed as an intrested party as he has an equity share in our canadain home , he was sent a letter by the OR which said " no prospect of getitng your money back ever or any time soon".

The Or has asked for a deed for trust to show my father in law has an intrest in the house , and two other papers,

So my questions are

1. If the Or has said , No money , does it mean they will not do a payment order against me ( exspensie reported showed only 19 pounds a month left over )

2. say i have 2330 pouns of equity in the house, but that is not qucik sell price , and no esate agnets or lawyers fee from there , and the exspense of dealing with a house in canada , will they drop al intrest or come back in 2 years 3 months?

3.If i hear nothing ( which the case officer said might happen) it that it ? stay quiet and ride out the 12 months ?

4. has any one had exspereince of going bankrupt from abroad ( non Eu) can you give me some advice credit scores/ banking etc .

Thanks sorry for the ramble

Gary

Working my arse off , for a better life
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