What I Keep or Lose in Bankruptcy in Canada Articles - Archive: January 2011

Very informative website. My question is regarding the cash in hand or bank account on the day of filing bankruptcy. Does all this money goes to estate or there\’s some cash that I can keep in account or in hand or day to day expanses. What amount is reasonable for a debt of approximately $70,000. [...]

I have about $30.000 in CC debts at two banks. I\’m thinking about bankruptcy but not yet sure. I\’m not in Canada right now and things seem to be very complicated. I have a house in another country but there\’s a mortgage on it actually bigger that the market value of the hause. My question [...]

is a LIRA lost if one goes bankrupt Posted from: Ontario