After Bankruptcy Articles - Archive: 2008 Page 2

Hello, Discharged from bankruptcy end of February 2008. Thinking of investing money in RRSPs for the 2008 year. Is it ok to do so? If that generates a tax refund when my taxes are filed, will it go to my creditors or will it be mine? Thank you Posted from: Ontario

I have been paying on a consumer proposal for two 2 and a half years. I owe around $5000 left, the first 2 creditors have been receiving amounts, the third hasn`t received any due to my ex-wife who is making payments in full on the joint loan that is owed. As long as she is [...]

Is the discharge set at 21 months or is it still negotiable from 9 months to 21 months? Posted from: Ontario

Are common law spouses considered to be in the protected class beneficiaries on insurance policies and how long is the trustee allowed to have interest in an insurance policy after discharge? Posted from: Ontario

I lent money to a person after she had declared bankruptcy. This person concealed the fact that she was an undischarged bankrupt and I had no knowledge of this fact. However, a search revealed her status. Under these circumstances is my claim exempt from an order of discharge? Posted from: Ontario

What happens when during the bankruptcy period someone loses his/her job, gets a severance then finds a new job (while receiving severance), all this within a couple months before being discharged? Will the trustee ask for further repayment and object to the discharge? He/she has learned a valuable lesson about money management, but what now? [...]

Hi there. I was discharged from my bankruptcy in May 2008. I desperately want to go to school but will I be approved for a student loan? Posted from: Manitoba

I have ended a bankruptcy about 2 years ago. I still have outstanding student loans that were not extinguished as a result of my bankruptcy. I have now been out of school for seven years. What are the conditions of applying for a second bankruptcy to extinguish my remaining debt which is over 35 000$? [...]

I see a lot information on the internet about credit card applications after bankruptcy but what about lines of credit? Is it and when is it possible to apply for a line of credit after being discharged from bankruptcy…Assuming one has a job, some savings etc… Thank you Posted from: Ontario

When a debtor admits in writing to a creditor that they have incurred their debt frauduently, what happens to that debt in a bankruptcy? Posted from: Ontario