Bankruptcy Articles - Archive: November 2008

I am supposed to be discharged from bankruptcy in about 5 months. A member of my family has just died, and I am not sure if I am in the will. If the will is not read, or if I am not informed that I am a legatee until after my discharge, do I still [...]

was delinquent on paying my bankruptcy and now the trustee has filed for his discharge on February 5. If I pay my balance to the trustee before that date, can I still be released, or will what I pay to the trustee just be lost. Will I be able to file for bankruptcy again, or [...]

I have a large amount of debt and I am thinking of declaring bankruptcy. My concern is will I lose my house? The house`s Title is in my wife’s name and not mine? Posted from: Ontario

I have filed for bankruptcy and I am half way done, before I should get discharged. First time bankruptcy. 1) Can I apply for a secured credit card even though I have not been discharged ? If so, will that affect my bankructy process or extend my period before I get discharged ? THANK-YOU Posted [...]

Recently, I filed bankruptcy and have a meeting with officer receiver? I don’t know about law anything Can some one explain what s that about it/Is she /he the one make a decision about file?after meeting will I go to court and defend myself? Posted from: Ontario

I have $10 000 . in my bank account and need to declare bankrupcy. Can I give my 18 and 23 yr old daughters my half of their tuition fees . (Their mother, my exwife gives them the other half.) This is financial support of my children as I see it. Posted from: Ontario

Hi I opened an RESP for my daughter 3 years ago with the minimum of $2000 and automatically, there has been about $1500 grants from government added to this account. I haven`t been able to contribute anything since then. I am in debt and was wondering if the creditors are allowed to withdraw money from [...]

If I had a credit card with certian banks, and then declared bankruptcy, would those banks let me open a chequing or savings account account with them? Posted from: Saskatchewan

I live in Quebec and my common-law spouse (not applicable in QC) left me about 18 months ago. There was no legal separation agreement since it is not recognized in Quebec. Last month she filed for bankruptcy which left me to pay for any debts we jointly signed on. In order to pay these debts, [...]

Me and my wife are going to be going bankrupt very soon. I have a trading account that I have been building up a nest egg for my children, I have around $3000 currently. Am I able to keep that account open during the bankruptcy period or will I have to close it down? Posted [...]