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Re: BK or Wait?


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Posted by Why Chat on March 11, 2002 at 08:26:58:

In Reply to: Re: BK or Wait? posted by Robert M on March 11, 2002 at 05:38:51:

CRA's do NOT list everything,in any case the problem with do-it-yourself bk's is not in "listing" what you OWE,but in correctly listing or divulging what you OWN or have a future right to. I have seen people lose future settlements in the 100 thousands of $$ because they "forgot" to divulge they were involved in a civil suit, or class action. The biggest losses are in the area of "forgotten" trust funds and non-exempt pension accounts.Plus, those pieces of property willed to someone years ago and still tied up in probate.


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