Announcement

Collapse

Forum Rules (Everyone Must Read!!!) (updated: 04/28/2015)

Welcome to the Bankruptcy Forum. Bankruptcy (BK) Forum is known as BKForum.com and will be referred to as BKF hereinafter. In order to ensure a long term success of our vibrant community, we have established certain rules and guidelines to which everyone must adhere to. Please take your time to carefully read our rules, before you start to participate in the community.

Things you agree to do:
BKFORUM.com (BKF) users agree to use the search function before starting a new thread. This prevents duplicate discussions and allows for better organized topics.

All BKF users agree to read the sticky posts which may be available at the top of a forum page. These Sticky posts often contain valuable information. They may also outline more rules and guidelines specific for that particular forum, stickies are put in place by that forums moderator(s) or admin(s).

Things you agree not to do:

All BKF users agree not to call people names or write a post simply to make a personal attack, or get a negative reaction; this behavior is not allowed on our forum. The use of derogatory language aimed at anyone will be severely dealt with. There is no need to agree with each other, or to even like each other. However, by signing onto BKForum.com you agree to treat each member and guest with the respect they deserve. No threats or personal attacks will be allowed.

All BKF users agree not to discuss, engage, or encourage any behavior or activity which violates the law. Discussion of drugs, violence, murder, theft, vandalism, fraud or any other issue which could be used to help individuals break the law is strictly forbidden.

All BKF users agree not to "bump" old threads, unless there is a specific benefit to the community by doing so. But in most cases, please don't post in very old threads, instead start new threads.

All BKF users agree not to attempt/use another members account. It is against BKF rules to use any account other than your own. Impersonating another member will result in an immediate ban. It is also against the rules to open more than one account in your own name without permission from a moderator or administrator. If you have been banned for any reason, it is against the rules to open another account. If you were banned temporarily and you are caught using another account you will be banned permanently. Choosing a moniker which is similar in either sound or spelling as a moderator or administrator is strictly forbidden.

All BKF users agree not to private message any moderator, admin, or other member with questions related to their personal circumstances (Questions about the forum or issues with the forum are ok). This forum only works when members share their experience and insights with everyone.

Things you agree not to post:
All BKF users agree not to post any derogatory/racist/or sexist remarks. This includes attachments, links and all information contained within posts, signatures, and avatars, failure to comply with this rule will result in a permanent ban.

All BKF users agree not to post any copyrighted or trademarked information without the express written permission of the owner(s) / proper citation of source.

All BKF users agree not to post any real names, addresses, telephone numbers, email addresses, social security numbers, or any other personal details (their own or other people's).

All BKF users agree not to post links, pictures, attachments, videos, or the like of pornographic content, objectionable material or extreme violence, whether cartoon or real.

All BKF users agree not to use BKF for advertising purposes without a written contract between yourself/company/agent and the administration of BKF. Blatant advertising will result in a ban.

All BKF users agree not to spam the forums. Spam includes but is not limited to posting erroneous, non-relevant-useless, off-topic, or meaningless posts. Spam may also include posts which contain no text, or large areas of blank space between lines. Simply posting emoticons without text is considered spam. BKF is the largest bankruptcy message board and all the content is intended to help other users. Please help us improve the quality of our forum by making sure that your posts are well-worded, spell checked, grammatically correct and syntaxed.

Regarding actions of moderators and administrators:

The forum is no place to air out your opinion or be judgmental of our staff and its capabilities.

All BKF users agree not to abuse or mistreat moderators or administrators. It is against BKF rules to post any information regarding bans or any other action taken by a member of the moderating or administrative team. If you wish to discuss bans or warnings please do so via PM. To place a complaint against a moderator, send a PM to a super moderator. All Moderators are equal, any decision made by a moderator must be adhered to. If a moderator tells you something you do not like, do not go to another moderator looking for a different answer. If you are caught doing this you will be banned. The moderators work as a team and respect the decisions made by their peers and will help enforce them unless an administrator tells them differently.
If you have an issue with how the forum is run, then notify one of our administrator and we will look into the situation. We have in the past and still do appreciate any input that you offer this forum. But critical input and/or judgmental postings towards the staff will result in you getting banned.


Should you find a thread offensive or out of line, then notify a Mod in a PM so they can evaluate the situation and do the action deemed necessary.

All moderators do have active "other" lives outside of the forum and help moderate this forum in their spare time throughout the days and weeks.

If you have a problem with a member or Mod follow the proper channels of reporting it.

BKF reserves the right to delete any posts which contain anti-BKF comments or discussion. Any bashing of moderators or administrators, or any of their discussion or actions will also be deleted, and the responsible posting party(s) will be banned. Any public anti-BKF advertising, communication, or posts on another forum will result in permanent bans as well.

All warnings and bans are decided by individual moderators and administrators. Warnings are preferable to bans however, for serious offenses and repeat abusers bans will go into effect. The length of the bans can vary from several hours to permanent.

All messages posted or sent including through PM are the property of BKforum.com.

All BKF users agree not to advertiser on the forum (Niether by posting, private messaging or using your signature). If you are a company/attorney/legal adviser wishing to advertise on the site or sell a product, you must contact the head administrator and inquire about our advertising packages.

All bankruptcy related opinions expressed on BKForum.com are those of their authors and not necessarily of BKF, its staff or representatives.

You agree not to copy any material/post/content from BKF without written permission from our head administrator .

By posting on this forum you agree to these terms and conditions, including any punishment deemed appropriate by moderators or administrators in the event of an offense.

Administrators/Moderators can change these rules at any time without prior notice.
See more
See less

Student Loans it Can Get Worse!!!

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Student Loans it Can Get Worse!!!

    check this out....what a story!!


    Student loan horror stories: What's the worst that can happen?


    http://www.walletpop.com/blog/2010/0...wbwall00000002
    8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! http://www.bkforum.com/blog.php?32727-tobee43 and all are welcome to bk forum's Florida State Questions and Answers on BK http://www.bkforum.com/group.php?groupid=9

  • #2
    Canadian Bankruptcy

    Just like US law, Canadian law does not require you to be a citizen to take advantage of their bankruptcy laws. You only have to be a resident. And unlike US law, you can discharge student loans after they're 10 years old.

    So, If I were hopelessy buried in student loan debt, before I would commit suicide as a means of protesting to Congress --like the people in that article are talking about -- I believe I would tough it out for 10 years, get lawful residency in Canada, an file for bk up there.
    Pay no attention to anything I post. I graduated last in my class from a fly-by-night law school that no longer exists; I never studied or went to class; and I only post on internet forums when I'm too drunk to crawl away from the computer.

    Comment


    • #3
      Originally posted by MSbklawyer View Post
      Just like US law, Canadian law does not require you to be a citizen to take advantage of their bankruptcy laws. You only have to be a resident. And unlike US law, you can discharge student loans after they're 10 years old.

      So, If I were hopelessy buried in student loan debt, before I would commit suicide as a means of protesting to Congress --like the people in that article are talking about -- I believe I would tough it out for 10 years, get lawful residency in Canada, an file for bk up there.

      you mean to say this would discharge all existing debt in the us, including student loans?????
      if so.....your suggestion... or to better say, your statement would not only cause a mass migration over to canada....but it would be, as far as i would view it for some, borderline...BRILLIANT???
      8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! http://www.bkforum.com/blog.php?32727-tobee43 and all are welcome to bk forum's Florida State Questions and Answers on BK http://www.bkforum.com/group.php?groupid=9

      Comment


      • #4
        would this also be applicable to IRS debt????? oh no...a WAY around the system???

        can't be??????...LOL!!
        8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! http://www.bkforum.com/blog.php?32727-tobee43 and all are welcome to bk forum's Florida State Questions and Answers on BK http://www.bkforum.com/group.php?groupid=9

        Comment


        • #5
          Originally posted by tobee43 View Post
          you mean to say this would discharge all existing debt in the us, including student loans?????
          U.S. and Canada recognize each other's bankruptcies. By treaty, if I'm not mistaken. [See disclaimer below].

          I had a client recently who had dual US / Canadian citizenship who had a certain kind of debt -- I can't go into specifics -- that made U.S. bankruptcy worthless for him. He went back to Canada and filed there and even the debts he had contracted in the US were discharged. In dealing with and assiting his Canadian bankruptcy attorney, I learned a bit about Canadian bankruptcy law, including the residency requirements. A bit of trivia -- Canadian bankruptcy isn't done by lawyers, but is done by a court official called a "trustee".

          if so.....your suggestion... or to better say, your statement would not only cause a mass migration over to canada....but it would be, as far as i would view it for some, borderline...BRILLIANT???
          Thank you.
          Pay no attention to anything I post. I graduated last in my class from a fly-by-night law school that no longer exists; I never studied or went to class; and I only post on internet forums when I'm too drunk to crawl away from the computer.

          Comment


          • #6
            Another bit of trivia. On the Canadian equivialent of our Schedule "J" , there is a line for alcohol. How cool is that?
            Pay no attention to anything I post. I graduated last in my class from a fly-by-night law school that no longer exists; I never studied or went to class; and I only post on internet forums when I'm too drunk to crawl away from the computer.

            Comment


            • #7
              you aren't hiring are you...LOL!! although i specialize in research, i can change it to bk! i could move to mississippi!..(but i was first in my class!) LOL!!
              8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! http://www.bkforum.com/blog.php?32727-tobee43 and all are welcome to bk forum's Florida State Questions and Answers on BK http://www.bkforum.com/group.php?groupid=9

              Comment


              • #8
                Originally posted by MSbklawyer View Post
                Another bit of trivia. On the Canadian equivialent of our Schedule "J" , there is a line for alcohol. How cool is that?
                No! way....is it itemized as follows:

                1. Grey Goose
                2. Single Barrel Jack
                3. Courvoisier Cognac
                4. Chateuneuf-du-Pape

                etc?
                8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! http://www.bkforum.com/blog.php?32727-tobee43 and all are welcome to bk forum's Florida State Questions and Answers on BK http://www.bkforum.com/group.php?groupid=9

                Comment


                • #9
                  Here it is: http://strategis.ic.gc.ca/eic/site/b...g/br01934.html

                  Canadian Schedule "J"

                  I wonder what the expense for "hydro" is for ?? It's not water because there's a separate blank for that.
                  Pay no attention to anything I post. I graduated last in my class from a fly-by-night law school that no longer exists; I never studied or went to class; and I only post on internet forums when I'm too drunk to crawl away from the computer.

                  Comment


                  • #10
                    Originally posted by MSbklawyer View Post
                    Here it is: http://strategis.ic.gc.ca/eic/site/b...g/br01934.html

                    Canadian Schedule "J"

                    I wonder what the expense for "hydro" is for ??

                    i would qualify that as follows:

                    1. mineral
                    2. bubbled /carbonated (please consolidate & enter total of both on line 2)
                    3. imported
                    4. natural spring
                    5. dirty
                    6. muddy....


                    personally, i prefer the muddy, however, it must come from only the finest swamps.
                    8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! http://www.bkforum.com/blog.php?32727-tobee43 and all are welcome to bk forum's Florida State Questions and Answers on BK http://www.bkforum.com/group.php?groupid=9

                    Comment


                    • #11
                      Hydro is power as in hydroelectric... it's in the section of the document about utilities like heating fuel, telephone, cable and water...
                      Figured out we were in trouble: (Wait, we're in trouble? ) Stopped paying creditors: Aug 2010 Filed Chap 7: Apr 29, 2011 341: Jun 1, 2011 Report of no distribution: Jun 1, 2011 Discharged Aug 2, 2011

                      Comment


                      • #12
                        Originally posted by StartinOver View Post
                        Hydro is power as in hydroelectric... it's in the section of the document about utilities like heating fuel, telephone, cable and water...


                        thank you StartinOver for that clarificaton...it was a bit confusing!
                        8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! http://www.bkforum.com/blog.php?32727-tobee43 and all are welcome to bk forum's Florida State Questions and Answers on BK http://www.bkforum.com/group.php?groupid=9

                        Comment

                        Unconfigured Ad Widget

                        Collapse
                        Working...
                        X