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Bankruptcy Articles - Archive: April 2009

The latest bankruptcy questions, with our experts' responses:

I filed for bankruptcy in Sept 30 2008 and will be discharged June 30 2009…I gave all my income tax information to the trustee as directed, and they just sent me a `post bankruptcy tax return` document stating i owe CRA $400…I file my taxes every year and have always received a refund, even tho […]

Filed under: Bankruptcy
Posted on Thursday, April 30, 2009
box listanswered by Questions @ 8:51 pm 1 Comment

Is it fraud when you apply for a credit card and say you make more money than what you do? Posted from: Saskatchewan

Filed under: Bankruptcy
Posted on Thursday, April 30, 2009
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What if some household items didn`t belong too me when I moved in to my current spouses home, my name is not on the property at all and I didn`t move in with much do they consider all furnishings etc. to be mine because we are married as well or just what is mine, my […]

Filed under: Bankruptcy
Posted on Thursday, April 30, 2009
box listanswered by Questions @ 10:36 am 1 Comment

Just have a question regarding a quarterly profit share my company gives if there is a profit and how does it affect my monthly surplus. I had read if you make over a certain amount over the 9 month period your bankruptcy can be extended to 24 months even for a first time bankrupt person. […]

Filed under: Bankruptcy
Posted on Wednesday, April 29, 2009
box listanswered by Questions @ 2:10 pm 1 Comment

I was unemployed when I claimed bankrupcy….now I am returning to work. Should I fill out the TD1 form to the best of my ability? Or should I just leave it as a basic deduction? Posted from: Ontario

Filed under: Bankruptcy
Posted on Wednesday, April 29, 2009
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My spouse purchased our home before we got married. Around 3 yrs ago I had to co-sign for the mortgage because we refinanced, so my name is now on the mortgage and house. I want to get separated, can my spouse refinance again by himself (so my name gets removed)before we separate? I don`t want […]

Filed under: Bankruptcy andMoney Problems
Posted on Tuesday, April 28, 2009
box listanswered by Questions @ 7:06 pm 1 Comment

My new employer wants to direct deposit my paycheque but I have been refused an account at the bank because I am in bankruptcy. What can I do? Posted from: Alberta

Filed under: Bankruptcy
Posted on Tuesday, April 28, 2009
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1.DOES BANKRUPCY EFFECTS APPLICATION TO CANADA CITIZENSHIP AND CITIZENSHIP STATUS. 2.CAN AFTER FILLING BANKRUPCY APPLICATION PERSON CAN TRAVEL OUT OF CANADA. 3.ARE INDEPENDENT CHILDREN LIKE STUDENT OR DOING JOB AT THEIR OWN LEVEL BUT WITH LIVING WITH PERSON WO HAVE FILED BANKRUPCY EFFECT THOSE FAMILY MEMBERS Posted from: Alberta

Filed under: Bankruptcy
Posted on Tuesday, April 28, 2009
box listanswered by Questions @ 7:25 am 1 Comment

I am still in bankruptcy and I have a savings of approx. $1,000 from surplus income. I would like to invest it a TFSA to purchase stocks however I am wondering if any dividends or capital gains I may receive while I am still in bankruptcy will go to my creditors? Posted from: British Columbia

Filed under: Bankruptcy
Posted on Monday, April 27, 2009
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Does the trustee and/or the creditor(s) have legal right to request bank records, ask for employee records or anything of that nature? Or does this remain anonymous throughout the process? Posted from: British Columbia

Filed under: Bankruptcy
Posted on Sunday, April 26, 2009
box listanswered by Questions @ 7:04 pm 1 Comment