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After Bankruptcy: Answers to Questions

Most Recent ‘After Bankruptcy’ Posts

bankruptcy

Am Currently Bankrupt… but was able to keep my car which I use to travel to work. By keeping this car ( 3 yrs to pay off) would it be a way to help repair my credit after discharged? Posted from: Ontario

Accelerating Credit Repair

Hello, Not sure if this question has already been asked but I would like to know how to accelerate my credit repair. I was discharged from bankruptcy in early `08 and soon after applied for a secured credit card which I got. I have been using it since and paying it back every month. It`s […]

Liquidation of assets prior to bankruptcy

I read somewhere that one of the questions asked are if you sold any assets in the last year. If I sold and rrsp over a year ago or sold a house and had equity over a year ago but have no money now will I go to jail. Posted from: Ontario

Cannot get a loan after filing bankruptcy, why?

WAS RELEASED FROM MY SECOND BANKRUPTCY IN DECEMBER OF 1996 AS I UNDERSTAND IT STAYS ON MY RECORD FOR 14 YEARS. YET I GOT A MORTGAGE FOR 64000 DOLLARS IN 2002 AND PAID IT OFF IN 5 YEARS AND STILL TO THIS DAY I CAN NOT GET A LOAN FOR A CAR OR A CREDIT […]

Common Law & Debt in MB

I am considering living common law with my partner. He declared bankruptcy in MB and was discharged in Jun/04. I own my own home which he would move into. If he has other debt up to now which I am not aware of, do I have nay legal obligation to it once we are common […]

inheritance and discharge

I am currently in bankruptcy. In May the 9 month term will be over. Prior to the bankruptcy, my brothers and I were left a house and assests from our grandmother`s estate. The estate has not yet been settled due to legal issues beyond our particular case. When would the trustee`s claim to this assest […]

Collection Activity after filing for Bankruptcy

After filing for bankruptcy and a house deemed to have no equity at time of fling is sold and a small gain is had-what happens to the proceeds from the sale ( if any). Do they go to the trustee or those who have filed? KCA Posted from: Ontario

Post bankruptcy taxes

My son`s discharge took place in Sept 2008. He had filed for bankruptcy in Dec 2007. He had been informed that he needed to turn in his T4s for 2008 and did so. They were returned to him in the mail with no explanation. The Licensed Insolvency Trustee office said that pre and post bankruptcy […]

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