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After Bankruptcy: Answers to Questions

Most Recent ‘After Bankruptcy’ Posts

Bankruptcy and Property

My partner and I are thinking of buying an apartment with the mortgage under her name. If my name were to be added as an owner to the property before I am released from bankruptcy, would there be any complications? Or would it be better to wait to purchase after I am fully released from […]

Bankruptcy Co-signer

My wife and I own a house we are both on the line of credit that we took out on it, if I just file bankruptcy will she still be able to keep the house if all payments are up to date??? Posted from: Ontario

Mr. Lee

I declared bankruptcy in April of 04 and due to a series of personal problems and moving around the process after the declaration never got finished. In Sept of 04 I contacted my trustee and was about to continue with the process as soon as I got a job. And then more personal issues came […]

Bankruptcy & Inheritances

We recently discovered a family member has filed for bankruptcy. This family member will be due inheritance money when an estate is settled. Unfortunately, one of the executors of the estate has begun some proceedings which will delay disbursement of the estate. We were wondering how much `time` said family member has whereby whe would […]

Confused

What will happen to my secured debt if I file? My parents cosigned for a loan which is paid up to date. The original loan was for $90,000 (we have paid off about $45,000). This loan is paid by my husband and I and we have the capacity to continue to pay. I, myself also […]

credit checks and background checks?

During and after my bankruptcy, what information can people access about it when they do a credit check or background check? I assume it will show the bankruptcy on there, but does it tell them how much you went bankrupt for and other personal info like that? What will show up? Posted from: Alberta

Inheritance after an absolute discharge

Three years have gone by since recieving an absolute discharge. Should someone decide to leave me an inheritance, do I still have to report this even though I have an absolute bankruptcy discharge. Posted from: Ontario

Credit Card Application

Hello, I have been discharged for a year and a half now. I have a secured credit card with a low limit but wondering if I can get a higher limit or an unsecured card. When I apply online I am always asked whether or not I declared bankruptcy in the past 7 years. Because […]

can bankruptcy save me from paying them property taxes

If I have no equity at all on my house and I have filed bankruptcy but didnt include it in the bankruptcy, and I owe property taxes on the home, can bankruptcy save me from paying them property taxes? Posted from: Ontario

Fact or fiction

I was told that if one declares bankruptcy in Ontario, you will have a criminal record. Is this true? Posted from: Ontario

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