why is my trustees discharge date different from my discharge date and what does this mean Posted from: Ontario
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Bankruptcy: Eliminate Your Debt and Get a Fresh Start
Are you thinking of filing bankruptcy but are not sure if that is the right choice in your situation? - Here is what you need to know, for start: Filing personal bankruptcy in Canada allows you to eliminate most debts, and get a fresh start. Once you file bankruptcy, collection calls and wage garnishments stop, and you can begin rebuilding your financial life.
For details on filing bankruptcy and bankruptcy process in Canada:
- read the answers to the most common personal bankruptcy in Canada questions (see below),
- visit Bankruptcy Canada for answers to your specific questions on bankruptcy.
Most Frequently Asked Questions on Personal Bankruptcy in Canada:
- What is Personal Bankruptcy in Canada?
- What am I required to do while I am bankrupt?
- How Long Will I Be Bankrupt in Canada?
- What happens to my debts when I go bankrupt in Canada?
- Will tax debts and Revenue Canada debts be discharged in a bankruptcy in Canada?
- Does Filing for Bankruptcy Affect My Spouse?
- Who will know that I filed bankruptcy in Canada?
- What Are the Causes of Bankruptcy in Canada?
- How Many People Go bankrupt in Canada?
- What is the Bankruptcy and Insolvency Act?
- What is surplus income?
- Should I Feel Guilty If I Go Bankrupt?
To ask a question about bankruptcy in Canada:
- Post an anonymous question about bankruptcy to our blog.
- Request a free evaluation of your situation to get an expert's opinion about whether or not personal bankruptcy is the right answer for you.
- Email your question to a bankruptcy trustee in your area.
You can also contact a trustee near you for a consultation: your first meeting will be free of charge or obligation.
The latest bankruptcy questions, with our experts' responses:
Posted on Friday, May 24, 2013
posted by Questions @ My husband recently left me with with all of the household debt (all in my name). I currently have a 2 year old and am expecting another baby within the next 3 months. I was hoping to file for bankruptcy before having the baby. My issue is, If I file before the baby comes, I [...]
Posted on Monday, May 13, 2013
hi,property taxes and strata fees,can i erase these by bankruptcy,dont see it anywhere,thank you Posted from: British Columbia
Posted on Thursday, May 9, 2013
Hi, my question is: If during the first seven months of bankruptcy I have a surplus income of more than 200 CAD for 3 of the months and the 4 months is below 200 CAD, how long the bankruptcy will be? Do you calculate the average for the 7 months or every months must be [...]
Posted on Thursday, May 2, 2013
I have been unemployed and bankrupt but now I have been offered a new job but it is a contractor position, not an employee position. Do I have to disclose my bankruptcy to my future “employer”? Posted from: British Columbia
Posted on Wednesday, May 1, 2013
I am a licenced real estate agent but besause of health issues, have had no income in over a year. I have debts in excess of $200,000 including about $90,000 to CRA and $65,000 in a judgment to a major bank from a credit card. I am now well enough to return to work but [...]
Posted on Monday, April 29, 2013
Hi, I lost my job during the sickness and filed the wrongful dismissal lawsuit against ex employer. This was last year in May. In the mean time I struggle to keep up with all the bills and had lot of medical and legal expenses. My question is: If I file for bankruptcy before the case [...]
Posted on Monday, April 29, 2013
Can legal/lawyer fees be included in bankruptcy process Posted from: Nova Scotia
Posted on Saturday, April 27, 2013
Iam going to file for bankruptcy, have a debt of 25.000 dollars, and I own a house, would like to know after 01 year while iam in bankruptcy and decide to put my house in forclosure, what is going to happen with the bank, do I have to pay them the difference between the balance [...]
Posted on Monday, April 22, 2013
when claiming backruptcy does that include the govermen Posted from: Ontario
Posted on Tuesday, April 16, 2013
