Bankruptcy Calgary Questions & Answers

Author:		Anonymous
Date:		February 9, 2009
Question:		If a person was to apply for bankruptcy after a good year of income from the year before but the income is not anymore ... can they still go bankrupt even if the income was very good from that last year?
From:		Karen, Alger & Associates Inc.
Date:		February 9, 2009
Answer:		The determination is based on present income and whether you have the ability to service your debt. Karen Rideout phone: (403) 296-2973 karen.rideout@ca.gt.com If you wish to talk to one of the Bankruptcy Calgary professionals at Alger & Associates Inc., you can call us TOLL FREE from anywhere in Alberta at 310-8888. After hour appointments at our Calgary bankruptcy offices are available.   Or you can click here to submit a question to the Bankruptcy Calgary Q&A forum

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