After Bankruptcy: Answers to Questions

Most Recent ‘After Bankruptcy’ Posts

What constitutues the tax year in bankruptcy?

I`m a little confused on the tax and GST issue. I filed in April of 2009 and my trustee has extended my bankruptcy by another six months because I have surplus income. Everything I read says you lose your tax refund for the year you declare bankruptcy. Does this mean 2009 only (my automatic discarge […]

Student Loans and Bankruptcy

If I declare bankruptcy while still attending university, do my student loans still remain interest free until I finish university? Posted from: Alberta

Can I make a living as a self-employed person after bankruptcy?

Is it possible to be a sole proprietor of a registered small business after bankruptcy? I am presently a self-employed artisan. Do I have to close my business and if so, how long will it be before I can begin again? Posted from: Nova Scotia

Inheritance after a year

Can I keep my inheritance if I receive it after a year of bankruptcy? Posted from: Ontario

pst & gst

I am considering declaring bankruptcy on my company. How does the government handle any outstanding monies owed to these agencies? Posted from: Ontario

propery sale/ bankruptcy

my sister sold a modest 1/4 undivided interest in an inhereited vacation property 9 months ago and due to medical and other reasons has no funds left and is unable to meet her payment of $1200 per month on loans and credit cards and may have to declare bankruptcy… . She doesnt understand this as […]

Banktrupcy

i went bankrupt 11 months ago and i recently received an audit for the three previous years. Will i still have to pay? Posted from: Quebec

porting during bankruptcy

can i port my mortgage during a bankruptcy to downsize my home and get into a lower mortgage and to pay off my bankruptcy Posted from: Ontario

seperation and debt

Hello, I` ve tried to find answers that fit my situation but have come to realize that everyone has a different story in bankruptcy. I have not filed for bankruptcy and I do not plan on it. In the past year however, I have gone through seperation and inherited most of the debt as my […]

Need to clear the air

After being cleared from your bankruptcy and you receive an Inheritance due to a death can it be touched or any of the items such as a home, car etc. Posted from: Ontario

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