mjkst27 Posted April 3, 2004 Report Share Posted April 3, 2004 can you picture Mr Mojo Risin and Biggy Smalls hangin in a bar in Grove City, PA? Link to comment Share on other sites More sharing options...
brian4 Posted April 3, 2004 Report Share Posted April 3, 2004 TE-not sure what you mean if you mean personal bankruptcy pretty much like the U.S. ceptin they get to keep their furniture and car if necessary for work, if you mean mortgage foreclosure same as U.S. the lender forecloses takes possession and sells it on the open market they cannot go after the mortagee for any defiency however. Link to comment Share on other sites More sharing options...
The End Posted April 3, 2004 Report Share Posted April 3, 2004 Here is a co. that is trading at 1/3 it's revenue. This ain't no recommendation. Do your own DD. Mj, WHEN! Sometime next week? Tuesday at 5or 6 ok? Link to comment Share on other sites More sharing options...
The End Posted April 3, 2004 Report Share Posted April 3, 2004 TE-not sure what you mean if you mean personal bankruptcy pretty much like the U.S. ceptin they get to keep their furniture and car if necessary for work, if you mean mortgage foreclosure same as U.S. the lender forecloses takes possession and sells it on the open market they cannot go after the mortagee for any defiency however. Brian, I ment personal bankruptcy. Chapter 11 is corporate here and 7 is the little guy. Link to comment Share on other sites More sharing options...
brian4 Posted April 3, 2004 Report Share Posted April 3, 2004 OK then TE- Chapter 7 is pretty identical with the exceptions I noted discharge generally is 3 years. Link to comment Share on other sites More sharing options...
The End Posted April 3, 2004 Report Share Posted April 3, 2004 The rules have changed and I would bet Greenie had his hand in it. The bankers are too stoolpid to figure it out. If one files chapter 7, They now still owe the CC co. Imagine that? Unsecured loans being protected. Link to comment Share on other sites More sharing options...
mjkst27 Posted April 3, 2004 Report Share Posted April 3, 2004 end - tues 5:30 E&C. I'm bringing some charts so you can teach me how to E-Woof Link to comment Share on other sites More sharing options...
The End Posted April 3, 2004 Report Share Posted April 3, 2004 end - tues 5:30 E&C. I'm bringing some charts so you can teach me how to E-Woof I will be there Brotha. Link to comment Share on other sites More sharing options...
bearvest Posted April 3, 2004 Report Share Posted April 3, 2004 I ment personal bankruptcy. Chapter 11 is corporate here and 7 is the little guy. End: A brief summary of Canadian equivalent to Chapter 7: http://www.moneyproblems.ca/mp/servlet/mp_?=0&op=1 Link to comment Share on other sites More sharing options...
brian4 Posted April 3, 2004 Report Share Posted April 3, 2004 TE-you are right I noted a few months back that Congress Protected visa and M/Card and the others that is insane-up here they go right out the window. Bear-Vest laddie are you a Canuck or just an adept Yank?? Link to comment Share on other sites More sharing options...
The End Posted April 3, 2004 Report Share Posted April 3, 2004 I ment personal bankruptcy. Chapter 11 is corporate here and 7 is the little guy. End: A brief summary of Canadian equivalent to Chapter 7: http://www.moneyproblems.ca/mp/servlet/mp_?=0&op=1 Tanks Bud. Link to comment Share on other sites More sharing options...
brian4 Posted April 3, 2004 Report Share Posted April 3, 2004 I have no idea if the past will repeat but in the Great depression canada banned foreclosures after 2 years, you lived in your home and paid interest only until it was over and then you resumed your normal amortization-will the past repeat?? Who the Hell knows! Link to comment Share on other sites More sharing options...
The End Posted April 3, 2004 Report Share Posted April 3, 2004 I have no idea if the past will repeat but in the Great depression canada banned foreclosures after 2 years, you lived in your home and paid interest only until it was over and then you resumed your normal amortization-will the past repeat?? Who the Hell knows! I can see that happening in the US as soon as next week or two years. I have a line of credit and they only charge the interest. That started about four months ago. Link to comment Share on other sites More sharing options...
brian4 Posted April 3, 2004 Report Share Posted April 3, 2004 I'm gonna go and watch MY Canucks play San Jose back after the first period-Hockey is in a Canadians DNA! Link to comment Share on other sites More sharing options...
The End Posted April 3, 2004 Report Share Posted April 3, 2004 Peace Brother Brian. Enjoy! Night all. Link to comment Share on other sites More sharing options...
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