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After Bankruptcy: Answers to Questions

Most Recent ‘After Bankruptcy’ Posts

Obligation of Trustee

At what point can a trustee request to be released from handling the affairs of the Bankrupt? What is the Bankrupt’s recourse if the Trustee does not look after the interests of Bankrupt as well as they do of the creditor? Posted from: Manitoba

Court date

I got oppose letter from one of my creditors before 9 month over. It’s been 10 months that I have not heard about the court date! How long should I wait to hear the court date? My life is on hold! Is there anything someone can do for me? What is the role of my […]

Child tax credit and bankruptcy

How come when my husband filed personal bankruptcy we no longer receive the child tax credit in canada Posted from: Alberta

New bank

we are thinking about filing for CP- we are planning of changing the banck that have more than 50% or our unsecured debt. Can we also transfer our RESP the new bank? We just don’t want our current bank to cash our resp and pay off debt we owe them. What do you think? Thanks […]

Visa debt

I have an outstanding visa debt that I cannot pay, I own a truck on payments, can a collection agency seize this truck and should I declare bankrupcty Posted from: British Columbia

personal bankruptcy

How many years after i file for personal bankruptcy will I get my credit back? Posted from: Quebec

Is Osap Still Possible?

I have recently declared bankruptcy. I am wondering if during the next 7 years if I wanted to go back to school and pursue post-secondary education would I be able to get OSAP or any government assistance for the schooling? Posted from: Ontario

Family Income

After filing for bankruptcy, do I show only my pay stubs, or do I have to show the entire family’s pay stubs(spouse, children). Because it is my own debt, I should be paying the trustee based on my income. Does my family’s income increase the amount that I owe to the trustee? Posted from: British […]

Selling after bankruptcy

I co-own a house with my mom and she recently filed for bankruptcy and was discharged from it in August but has not received her actual court papers saying that it was done. We are looking to sell our home and move into another in the area, but have been told that we need those […]

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