What I Keep or Lose in Bankruptcy in Canada

When I filed Bankruptcy, my Trustee advised the fee would be $2000, paid at $100 per month. Since then my HST chq’s have went to the Trustee towards my $2000 fee. I have now been advised that my income tax refund in the amount of $1365.00 for 2012 will be taken by the trustee, however, [...]

By filing for personal bankruptsy in BC, would my assets outside Canada be vulnerable to the creditors’ debt settlemt demands? Posted from: British Columbia

I have a Registered Education Savings Plan for my children. Is this exempt? Posted from: New Brunswick

Can I stay on Ontario Works (welfare) if I claim bankruptcy? Posted from: Ontario

Do trustees in bankruptcy have easy access to a bankrupt’s financial activities, i.e., thru banks? Posted from: British Columbia

I own a trailer and a truck in the United States but I am thinking of going bankrupt in Canada because my credit card debt is out of control. The interest is more than I make each month. Will I have to give up my trailer and truck in the United States that I own [...]

If I declare Bankruptcy, will I loss the money that I am currently living on from my Company Pension Plan and my CPP. Posted from: Nova Scotia

Hi We are presently in Consumer Proposal. Since then my husband has been laid off from work. Would like to enter bankrupcty as we cannot afford the proposal amount. Is this time (17 months) and money ($12,750) applied towards our bankruptcy. Thank you for your time. Regards CFG Posted from: British Columbia

If I go bankrupt and have no assets only a cell phone do I have to give up my cell phone? Posted from: Ontario

This site states that my GST refund does not have to be submitted to my bankruptcy trustee, yet they took 3 GST payments while I was bankrupt last yaer and now have been told me they will be taking my GST payments for this year too. Can I apply to get these payments back? Posted [...]