After Bankruptcy Articles - Archive: December 2009

Can I keep my inheritance if I receive it after a year of bankruptcy? Posted from: Ontario

I am considering declaring bankruptcy on my company. How does the government handle any outstanding monies owed to these agencies? Posted from: Ontario

my sister sold a modest 1/4 undivided interest in an inhereited vacation property 9 months ago and due to medical and other reasons has no funds left and is unable to meet her payment of $1200 per month on loans and credit cards and may have to declare bankruptcy… . She doesnt understand this as [...]

i went bankrupt 11 months ago and i recently received an audit for the three previous years. Will i still have to pay? Posted from: Quebec

can i port my mortgage during a bankruptcy to downsize my home and get into a lower mortgage and to pay off my bankruptcy Posted from: Ontario

Hello, I` ve tried to find answers that fit my situation but have come to realize that everyone has a different story in bankruptcy. I have not filed for bankruptcy and I do not plan on it. In the past year however, I have gone through seperation and inherited most of the debt as my [...]

After being cleared from your bankruptcy and you receive an Inheritance due to a death can it be touched or any of the items such as a home, car etc. Posted from: Ontario

IN 2003 (6 YEARS AGO) I WENT INTO A FIRST TIME BANKRUPTCY, I`M STILL NOT DISCHARGED. LAST WEEK THE TOP TWO CREDITORS HAVE DROPPED THEIR CLAIMS, REDUCING MY DEBT TO APPROXIMATELY $35,000. MY TRUSTEE WANTS ME TO TAKE OUT A REVERSE MORTGAGE ON MY HOME AND TO OFFER MY CREDITORS 90% ON THE DOLLAR (31,500) [...]

We have a living-in nanny to help out with three young children. After the bankrupcy, would we be able to keep the nanny? Howwould that impact our monthly payment to the trustee? Thank you. Posted from: Ontario

I filed bankruptcy in 1995. I recently applied for Geared to Income housing in my city and was told I owe them monies from 1994 and was denied access to low cost housing. This creditor is listed in my bankruptcy papers ( I have the paperwork) What can I do?? Posted from: Ontario