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After Bankruptcy: Answers to Questions

Most Recent ‘After Bankruptcy’ Posts

bankruptcy and mortgage payment

Hi I stop doing more payment to my mortgage I’m one month past due payment I’m not answering any phone call and I think I’ll fill bankruptcy what the next step for the bank are they will send me letter notice give 35 days to leave or what they will do please and thanks for […]

unlisted creditor

If I do not list a creditor when doing a proposal in bankruptcy can they collect after the proposal?

came to my house this morning

Hi, my husband is having financial problems, we live in Quebec and a `huissier` I think it`s called baillif came by the house yesterday. They wanted to take inventory of my husbands company assets. Since the company is not operational and owes over 90K in gst and pst the baillif told me that they will […]

Income tax Refund on “post” Return

my trustee completed a pre and post bankruptcy return in the year I filed for bankruptcy. I would have received a refund for the year had it not been for the bankruptcy. However, the post return shows a refund as well. Should the post return refund come to me because it is my understanding that […]

Fraud in declaring bankruptcy

I read in the FAQ that it is fraud to not admit that you have declared bankruptcy in the past. My question is, who and under what circumstances might a person be asked…`Have you ever declared bankruptcy`?

Border Crossing

Will declaring bankruptcy affect my ability to travel into other countries? IE: visiting relatives in the US.

Can my student loan be discharged

I have been told that for a student loan to be cleared by banckrupcy a person has to wait a period of 10 years. I completed my studies in 1996..declared bankrupcy 1998 and was disharged. Technically, I should be cleared from paying the debt… Here is the problem…neither a trustee nor a lawyer want to […]

funds from CRA after bankruptcy

Individual goes bankrupt NOT spouse, 2004, received tax refunds for 5 and 6. spouse approved for Disability tax credit 07 going back 5 years including year husband went bankrupt. Transfer of credit to husband he now gets nice amount of monies, can trustee keep part of it.

Future student loans?

I have previous student loans that were paid off completely years ago. We were recently discharged from bankrtupcy and I am considering returning to school. Will the bankruptcy affect my ability to get student loans in the future? I am in Ontario.

STARTING OVER

If I left high school to work, encountered numerous financial problems, then my question is, IF I declare bankruptcy, can I still apply for OSAP to go back to school?

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