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Archive for the ‘Bankruptcy’ Category

My daughter and her family are moving from Alberta to Ontario to live with us…they are currently in Alberta. They have no money and lots of debt. Can they file for bankruptcy in Ontario even though most of their debt is in Alberta? We have to get them back home in the next two weeks.

While out of country, my son wrote and cashed many personal cheques of mine to my credit card. What recourse do I have?

Can a bankruptcy be annulled or converted to a consumer proposal depending on financial circumstances changing?

Hello, For the purpose of determining the surplus income limit during bankruptcy, I need to know my family size. I am divorced, and my son lives with me 50% of the time. I pay child support, but it is offset based on what my ex would pay me. Am I a family size of 1 […]

I am 66 and own/manage a small business. CRA has sent the business an order to pay 40% of my wage to CRA. The company pays me $500/week, about $2200/mo. CRA has also garnished 100% of both my CPP and OAS, about $900/mo. I have no assets and I have been advised that the company […]

I hear that there is a statute of limitations that applies to debt after 7 years. I defaulted on a bankruptcy, failing to pay after the initial payment 5 years ago. If I hadn’t started the bankruptcy process the statute of limitations would apply to my debt already but am I correct in assuming the […]

Am I able to claim bankruptcy while on social assistance in british columbia, and if so what would the steps necessary be to do so?

If a small but incorporated business gets targeted in a scam for a fake (irrelevant fake or not I realize) injury lawsuit for over $100,000… can that incorporated business go bankrupt if they lose and don’t have really any assets anyway? Or do court settlements survive bankruptcy? and would the debt just be pushed over […]

If one person on a joint debt declares bankruptcy will that remove their name from the debt? (statements are being received with both names still on it, even though the other person claims to have declared bankruptcy) Posted from: Saskatchewan

I was involved in 2 court actions against me. One in children’s aid court and another in small claims court. The family court endorsed a court order against me for approx. $10,000. The small claims court ordered me to pay $30,000. Can I claim bankruptcy to avoid paying these 2 court orders? Or this individual….it’s […]

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