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

I have a motorcycle as my only vehicle. It was purchased through financing in 2006 with my mother as the co-signer. Will I be able to keep this as long as I continue to make my payments? Will my mother find out I have filed for bankruptcy? Posted from: Ontario

My husband and brother are both on title and mortgage of our home. We were told that if there was no equity in the home and we kept up the payments that bank would probably let us keep it. Based on the appraisal the trustee said they would not be selling the home because there [...]

If I have a Recreational Vehicle which is in storage in Florida because of a serious mechanical breakdown which I do not have the money to fix,does it have to be turned over and do I get to remove personal belongings which are still stored in it? The vehicle is registered in Canada,and carries insurance. [...]

I have a car and truck that i use for work purposes. The car was appraised at $500 and truck at $1000. I use the car regularly to save on gas. But require the truck in the winter months to access areas which i cannot get with my car . How would this work if [...]

I own a small business that is incororated with other partners. I have a large personal debt I cant seem to crawl out of because the business is not making money. If I declare personal bankruptcy what happend to my company. Posted from: Alberta

Are beds included in the $4,000 of allowable furniture? I bought a new bed approximately 6 months ago. Posted from: Alberta

My 80 year old, widowed Mother has somehow managed to owe Visa $15000. Since my Fathers passing 8 years ago. There is no way she will ever be able to pay this off in her lifetime! She would allow me power of attorney to keep her in line from this point on. She has no [...]

My parents took over my car payments, because I could not afford to make them. With my credit cards I payed off MY CAR LOAN. If I claim bankruptcy 3 months later can the unsecured creditors sue my parents to get thier money back? My parents are the owners of the car. Posted from: British [...]

my daughter owes money on credit cards, has a truck loan and holiday trailer loan will she lose the truck and trailer Posted from: Alberta

can my childrens support money from my ex be taken off me, if i file for bancruptsy. also if i do not work or have assets, can i still file for bancruptsy. Posted from: Quebec