Search our Bankruptcy Alberta Blog or Review Commonly Asked Questions

Bankruptcy Alberta provides a question and answer forum where a bankruptcy question can be answered by a local expert. Our Alberta Bankruptcy Trustees review the Blog daily and select questions of a general interest nature for a response and for publication and review by our readers.

Questions About Bankruptcy or Debt Solutions:

1. Submit an anonymous question to our Bankruptcy Alberta Blog. Our moderators review the submissions and select a general interest question each day for our Alberta Bankruptcy Trustees to answer.

2. Choose a Blog category and review questions and answers posted by other readers:

3. Review Commonly Asked Questions.

4. Contact an Alberta Bankruptcy Trustee to Ask a question and receive some personal advice from an
expert.

5. Search our Bankruptcy Alberta database.

Please Note: In addition to our Blog, you can e-mail your bankruptcy questions to a Bankruptcy Alberta Trustee for a personal confidential response. If you would like to speak to a Trustee or arrange for a free initial, no obligation assessment or consultation with one of our Alberta Bankruptcy Trustees, visit one of our Local Bankruptcy Sites and find out which bankruptcy services are available in your area.

Recent Anonymous Questions / Answers:

Posted on March 26th 2010
Question

I am a single mother who took out a Student Loan to take a hairdressing course about five years ago. I worked in a few salons, but after paying for my chair rent, supplies, and sharing half of my receipts with the salons, I realized I can make more if I work in a grocery store as a cashier. That’s where I am now, and I am receiving collection calls and they threaten to seize my wages and have phoned my employer. After I pay my bills, I have no money left over to put anything toward my Student Loans. What can I do? Is bankruptcy an option?

Answer

Student Loans less than seven years old will survive a bankruptcy and must be paid even if you go bankrupt. We noticed that you have indicated that you have no money left after you pay your bills. If these bills include significant other debts, which are dischargeable or forgiven in a bankruptcy, a bankruptcy may still be beneficial for you, even if you have to pay your Student Loans. If you have and can eliminate enough other debt by filing a bankruptcy, you may then have some money available for your Student Loan.