What I Keep or Lose in Bankruptcy in Canada Articles - Archive: January 2008

I have a property in my name in Greece that my father left me. if i file bankruptcy can my property in Greece be touched.

Hi there, I`ll declare bankruptcy soon, since my job has been relocated and I won`t have anymore job. I currently have some RSP with the company, and was told that these funds will be transfered out to any of my locked in RSP account (if I have one, if not the bank will open one [...]

I have a credit card with a zero balance. Would I have to surrender that card if I were to declare bankruptcy?

If I sold my vehicle to my spouse so the car was in his name, would I then be allowed to keep it as it is a new car (2007) and well worth over the alotted amount

Hello… I have 2 vehicles I checked the book-value for both. One is a Van – black book value = $4000 One is a Car – black book value = $1000 Will I be able to KEEP both cars if the total is less than $5600 ( I reside in Ontario ) if I file [...]

I reside in Ontario. I see that in Ontario I am allowed to keep a – motor vehicle up to $5650 – Tools of the trade up to $11,300 Who and how is the value determined for both of these item. Does someone come to my house to see the motor vehicle and/or tools of [...]

if i just want to get rid of my credit card debt,will i lose my home?i will still continue to pay my mortgage.i just want to lose my credit cards..

I am having a very hard time making ends meet since my seperation.I am thinking of bankruptcy but i would like to know if it is possable to do but at the same time keep my leased car so i can continue traveling to work?Are there other options other than bankruptcy in Montreal that wouldnt [...]