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After Bankruptcy: Answers to Questions

Most Recent ‘After Bankruptcy’ Posts

loans

if i owe someone money and they take me to small claims court and win, and i file for bankruptcy do i still have to pay them? Posted from: Alberta

Income Tax Refund

I filed for personal bankruptcy in April/2007 and have yet to be discharged. I have filed a post bankruptcy tax return in 2007 and also for 2008. CRA has issued GST credit cheques to the trustee since Jan/2008, which I understand is normal. However, my income tax assessment notice for 2007 showed a refund of […]

Discharged – Can Trustee Go Back and Get More Money?

I was discharged in January 2009. Now the Trustee has sent me a `Notice of Deemed Taxation of Trustee`s Accounts`. Since I was dishcarged by the court, why can the creditors oppose it now? Shouldn`t that have been done before my official discharge? Also, I haven`t received my refund for 2008. Can the Trustee take […]

Compensation considered income?

I may be finanically compensated for a car accident that has left me with some injuries. My bankruptcy is in effect for another 5 months. If I receive compensation from an insurance claim do I need to report the monies to my trustee? Posted from: Ontario

Anne

I filed for bankruptcy in April 2002, I am finally starting to re-establish credit, and have recently been getting calls from a collection agency trying to recover the provincial portion of my student loans. I graduated in December 1992 so I apparently fell short of the 10 year period. I just want to know if […]

Mortgage

The title to my home is in my name only as a result of court separation order. My ex husband`s name is still on mortgage with bank. If he declares bankruptcy does anything happen with the mortgage or do I then have to get the mortgage in my name only? Posted from: Ontario

CPP – Self Employed

I filed Aug 08. My trustee completed my Post Bankruptcy return and sent me a bill. My slef employed earnings were not large between Aug and Dec. However – my return showed the full amount of the CPP at over 4000 dollars. I spoke to the Tax Person at the Trustee`s office – and they […]

Ways to repair credit and get a mortgage

hi i was wondering i havee a secured credit card and so does my wife they are in good standings but the limit is only 500 each .what i wanted to know is if i use them wisely will this help with my credit repair . we want to buy a house and we have […]

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