bankruptcy alberta
    Province of Alberta Bankruptcy Forum

Author:   Colin
Date:   February 3, 2003
Question:   I am considering bankruptcy, and have approximately $80,000 owning to outstanding bills and credit cards and one vehicle I gave back but they want more money. I own land, but the amount owing on it is still 80% of the market value. Will I be able to keep it as my home is located on it?
 


From:
 

Shane Brenneis, Alger & Associates Inc.
Date:   February 17, 2003
Answer:  

The rules regarding farms is very complicated and varies depending on the province you live in. We suggest you contact a Trustee for a free consultation in order to determine all of your options.

Shane Brenneis
phone: (403) 296-2975
sbrenneis




 
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