What I Keep or Lose in Bankruptcy in Canada Articles - Archive: 2007 Page 2

My home has no mortgage on it it is owned outright. I have come into some severe financial difficulties. If i declare bankruptcy will i lose my house?

if a person bought a car with a visa and went bankrupt after would they have to give up that car

Has the law allowing people to people to keep their rrsp`s been passed yet and if so, does b.c. fall under the same law? I know that locked in employer paid rrsp`d were, but now I`m asking about personal rrsp`s… Thank you.

I work for a Canadian Bank as a Financial Services Representative, I am a signer on two loans my husband has outstanding. If he files Consumer Proposal or Bankruptcy, will I lose my banking job? Will I lose all the money in my bank account?

I Have been a resident of Manitoba for 6 years. However, I recently had a judgement filed against me by Alberta Justice regarding a traffic accident which occurred in 2000. If I declare bankruptcy, will this judgement be dismissed? Right now, I am seasonly employed. I have had several surgeries in the past few years, [...]

Can I keep my RRSP`s if I declare personal bankruptcy (in Ontario)? Thank you in advance for your reply.

I own a business in BC. (LTD.Corporation) Can the creditors seize my business goods, bank account? Can they seize my personal car which worth about $5000? Look forward to hearing from you.

I just recently filed for bankruptcy. How long do I have to wait until I can legally purchase and own a vehicle, before or after my discharge?

I have a consolidation loan, in which personal items are used as security collateral. If I go backrupt, what will happen in that situation? Will I lose the items even though I don’t have some of the items anymore. Thank you in advance for your time.

I bought furniture for my house in November 2006 charging 3200 dollars to a store credit card\’s deferred payment plan. I paid the taxes and the delivery charge (about 550 dollars). The problem is that I may have to declare bankruptcy soon. The reason for the bankruptcy is my unemployment since February 2007. Will the [...]