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After Bankruptcy: Answers to Questions

Most Recent ‘After Bankruptcy’ Posts

Creditors

would stop the creditors from chasing me away if I claim buncraptcy? Posted from: Manitoba

Brian

I bought a business that turned out to be a losing proposition and I had to close. As I still owe the seller for some of the purchase price and I lost money while in business, I will have to declare bankruptcy. I have spoken with 2 trustees and when they found out the name […]

Entrepreneur

If I owe money to the CRA and I default on my mortgage who receives the proceeds of the sale the CRA or the Bank that issued the mortgage or the CRA. Posted from: Ontario

Surplus Income

What are the consequences of refusal to pay surplus income? Posted from: Ontario

After bankruptcy

I was asked if I went bankruptcy I said No thinking they had no right to ask this question (15 years ago). Still paying the bill but running into trouble. Did I commit not knowingly? Posted from: Nova Scotia

First time , after nine months

Hi, after complete discharge (9months) will GST/HST or income tax be taken from me. I’ve heard for seven years? Also can GST/HST be used to pay a trustee for personal bankruptcy. Thanks Posted from: Ontario

Mortgage property and bankruptcy

My partner and I purchased a house in joint ownership a number of years ago. We subsequently contracted a joint second mortgage. When we ended our relationship he kept the house and made mortgage payments. I moved and paid rent ever since – approximately 7 years now. I signed bank papers for a waiver of […]

Confused

My wife and myself have claimed bankruptcy in May of this year 2011 …I am the only employed spouse….We pay a trustee $400 a month as part of bankruptcy agreement……I now have been diagnosed with terminal illness and my wife is in hospital for over a month now with a blood infection. Is there any […]

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