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After Bankruptcy: Answers to Questions

Most Recent ‘After Bankruptcy’ Posts

Who can see my medical documents used for bankruptcy?

Will medical documents used in a bankruptcy application be viewable by anyone other than the trustee? ie. a medical situation that is documented by a physician’s letter to state that an adult child is a dependant, as he is unable to work. Posted from: Ontario

Payment Received After Business files Bankruptcy

My company went Bankrupt. It received just under $5,000 from a much earlier receivable. The company bank account has been Closed. Can the Trustee accept the payment payable to the Bankrupt corp’n and disperse it as they see fit?? Posted from: Ontario

Is bankrupt allowed to make purchases?

After everything is filed, and you have to report your income and expenses etc, is someone who is bankrupt allowed to make purchases? For example clothing, or a laptop for school? Posted from: British Columbia

Conditional Order of discharge

Conditional Order of discharge – hello, my husband and I claimed bankruptcy in 2005. We had been in business and it failed. My husband received his clearance and is trying to repair his credit. I owe the trustee $5,000 and have not received my clearance due to this debt. I have been garnisheed by CCRA for […]

Second Time Bankrupt – Two rents & the future

I am looking into bankruptcy for my father-in-law who has fallen deep into debt. He pays two separate rents; the first where he works and also half of the rent on our place. How is having two rents going to look if he files? Will they say he has to leave this house or the […]

Spousal Tax Impact

My spouse declared and was discharged from bankruptcy all in 2013. Am I able to claim the childcare deduction as the higher income earning spouse, given his situation for 2013? Is there any tax relief for a spouse in this situation? i.e. claiming credits of the bankrupt spouse, etc? Posted from: Alberta

File in Canada but living in Eorope (temporarily)

How long does it take on the day you file and for the trustees to meet with you if the do so wish? The reason I ask is that I am currently taking care of a realtive overeas and need to return after I file and have a 2 week window as they need me. […]

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