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After Bankruptcy: Answers to Questions

Most Recent ‘After Bankruptcy’ Posts

Post Bankruptcy

Currently I am running my business as a ‘Sole-proprietor’ but if I have to declared bankruptcy is it possible for me to incorporate my company afterwards so I can run it properly from that point on? Thank you in advance. Posted from: Alberta

CRA Lien

CRA filed a lien against our home for $31K personal personal taxes my husband owes to them. The house is in both or names and I owe no taxes to them and in good credit standing. He filed a proposal after the notice and was told it’s to late to reverse the CRA lien. How […]

Income tax after bankruptcy

I know I would lose the prior years of income tax and the year of my bankruptcy, but do I lose my income tax refunds for the next 7 years? Posted from: Ontario

Di

After bankruptcy i found that i can claim a Disabliltiy Credit on my taxes for a child. In fact i am entitled to go back 10 yrs. Would the whole refund go into my bankruptcy? And if so could i delay applying until i am discharged and keep it. Posted from: British Columbia

cra and spouse

I owe cra $40,000 we have been commonlaw for 15 months,my income is $48,000 a year my spouses is $60,000 i have to file bankruptcy, but i dont want her to have to be involved in my debt to revenue canada. Is this possible? Posted from: Saskatchewan

question

what is the equity you are a loud for a house with a morgage? when can it be exempt? Posted from: Quebec

putting money in bank after bankruptcy

i m discharged on 25jan, 2011, i opened a bank account in a new bank right before my bankruptcy was filed, now i m discharged, can i keep my money in the bank, will i be askd questions where did i get the money from, or shud i open another new bank account now after […]

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