After Bankruptcy: Answers to Questions

Most Recent ‘After Bankruptcy’ Posts

Lien after Bankruptcy

I have a lien put on my equipment in my restaurant. If I file for bankruptcy and I lose the restaurant and all the equipment, does the lien then go away? Posted from: Ontario

I know that there is a pre-bankruptcy income tax filed and after bankruptcy a post bankruptcy. My question is if one goes bankrupt in July 2010 and it is for 9 months and ends March 2011. What does the trustee file for for income tax. Do they only file for the months of July to […]

release

my husband and I went bankrupt in 2001 and we never paid it all how can I be released from it now Posted from: Ontario

small business taxes

Our corporation, which both my husband and I were officers of has folded and we owe a substantial amount to source deductions, can this be included in personal bankruptcy?? Posted from: Ontario

Threatening garnishment

I was behind two months in loan payments to citifinancial someone from their head office called my employer HR dept and was transferred to my supervisor asking personal info and wanted to fax a garnishment of wages form directly to my supervisor is this legal? Is there a process that citifinancial needs to notify me […]

Undischarge Bankruptcy

I have file for bankruptcy for several years now but still remain undischarged. I had no income at the time of filing but had significantly higher income several years into the bankruptcy. I also accumulated a fair amount of savings. Would I be required to pay back the surplus income from the assets I’ve accumulated? […]

GST

I live in Ontario where when we file our income tax we get a GST refund every year, if we are eligble, relative to our income. I will be declaring bankruptcy. I am told my refunds do not come to me. Will I get the GST from the unfiled returns of the past 5 years, […]

unable to meet condition of discharge, and frequent misinformation

I am already in bankruptcy, and have already been told my condition of discharge. My question is : What happens at the end of three years, i have been unable to fill my condition of discharge completely, but am making an effort. I am also wondering what recourse does someone have, when you feel the […]

cra after bankruptcy

when does cra recognize a person’s discharge from bankruptcy and begin to send any applicable refunds/information directly to the individual and no longer to the trustee? Posted from: Manitoba

Trustee has not closed my file

I was discharged in March 2010, however, the trustee has not closed my file/advised cra. How long does it normally take for the trustee to complete post-bankruptcy paperwork and close the file? Posted from: Manitoba

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