After Bankruptcy: Answers to Questions

Most Recent ‘After Bankruptcy’ Posts

Dealing with CRA after bankruptcy discharge

After I got the certificate bankuptcy dischage from my trustee, do I have to send that copy to CRA when I file for income tax return in the following year?? Posted from: Ontario

Will I lose my late inheritance?

My father passed away 4 years ago, but no will was found. I am 19 months into my bankruptcy and due to be discharged in 2-3 months. I have just received notification that there was a will found by a family member. i don’t know the amount of the will or when / if i […]

How much can the trustee take?

my friend went bankrupt for $19,600. he just found out he qualified for a disability tax credit. If he get $20,000 back, does the trustee get all the amount or just $19,600 Posted from: Nova Scotia

Can I act as power of attorney?

Are you allowed to act as a Power of Attorney for an elderly parent once you have filed for bankruptcy, also is it public knowledge of ones bankrupt status and where would one obtain information this information? Posted from: Ontario

Can a trustee refile income tax returns?

My husband received a lump-sum settlement from CPPD in 2014, years after we applied (multiple hearings, appeals, etc). The payment goes back to 2009 when they determined him eligible. We both went bankrupt in 2010, mine was dismissed in Sept that year, his in 2012 as a second bankruptcy. In addition, he qualified for the […]

What if I own 2 houses and have to file bankruptcy?

How does it work when i file bankruptcy and I ‘m paying two mortgages or owning two houses? Posted from: Ontario

Can my student loan be discharged due to previous filing?

I have an outstanding student loans (Can/Prov) that is now in collections on behalf of Revenue Canada they are taken legal action against me with a court date end of January 2015 I graduated in 2004 and ever since have not been able to find a reasonable job and a combination of ongoing health issues […]

Can the bank put a lien on my vehicle before my discharge?

I recently renewed my auto insurance and noticed that a lien was put on my vehicle by a bank that i had a credit card with. This was done before my discharge. Is this allowed ? Posted from: Alberta

Claiming assets after discharge from bankruptcy?

If a trustee did not act fast enough on claiming certain assets that were suppose to be claimed, is the trustee aloud to claim the assets after discharge from bankruptcy. Posted from: Ontario

Should I disclose my filing on the loan application?

i filed for bankrupcy in April 2007. I would like to apply for a loan. On the application is ask “have you claimed bankrupcy in the last 7 years?” technically I am now in the begining of year 8 do I have to disclose? Posted from: Ontario

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