After Bankruptcy Articles - Archive: September 2011

How long after declaring bancrupcy do you have to wait before you could open a limited company? And can you have employees in your company while in your bancrupcy term (9-21 months). Thank-you Posted from: British Columbia

I would like to know if bankruptcy files are public information. I understand that it will show up on a credit report. However, can anyone, potential employers for instance, access this information or is it protect by privacy laws? Thanks! Posted from: Ontario

can an individual renounce his or her inheritance during and or after they declare bankruptcy Posted from: Quebec

Hi there – when I filed bankruptcy, I forgot to include a debt that I owed. I now have a judgement against me on the debt and my wages are beinbg garnished. IS there anyway I can re-open the bankruptcy and have this debt included that I neglected to include? Posted from: Nova Scotia

I don’t understand if a person is filing bankruptcy and you are only allowed to earn so much before repayments have to be made to creditors- I thought the debt gets wiped out? ultimately one way or another the debt is somehow being repaid by the consumer right? a person files bankruptcy as a last [...]

What is the amount I can make when I declare personial bankruptycy in Canada per year, also is this amount gross or net??? If I make more then the amount what persentage go back to the creditors??? ths Posted from: New Brunswick

i am on pension, my commomlaw lady is also on pension,does one still have to pay alimony and do they als calculate surplus money if bankrupt and separated Posted from: Ontario

can u file bankrupcy again if its been 6 years since your last file, can i sell a car before filling if its only worth 3000.00 Posted from: Saskatchewan

can you claim bankruptcy on court orders like spousal support and personal debts owed to a spouse? Posted from: British Columbia