After Bankruptcy: Answers to Questions

Most Recent ‘After Bankruptcy’ Posts

Inheritance After Discharge

I received my discharge in October of 2008. My mother just recently passed away and I will may be receiving a small inheritance from her will. Is there a certain amount of time that needs to pass after your discharge that you are able to receive money? I`m afraid the trustee will want these funds […]

retroactive disability tax credit payment

I have been discharged from my bankruptcy for about 2 years recently I had my mother`s disability tax credit transferred to me. My question is what happens if I get a refund for years prior to me filing for bankruptcy is the refund mine or does it go to my creditors? Posted from: Ontario

Selling asset

I have a boat with a fair market value of 10,000.00. I also have an offer to purchase the boat for this much. If I sell the boat, then declare bankruptcy, is this ok? Posted from: Ontario

GST

I was told that after I was discharged from bankruptcy and I don`t owe Canada Revenue any money I may get back my GST. I was discharged in 2008. Could you tell me if this is so Posted from: Ontario

bankruptcy surplus calculation

If current practice is that bankruptcies are often extended to 21 months doesn`t that indicate a problem with the bankruptcy surplus calculation not being realistic? Posted from: Ontario

secured credit card

Is it illegal if while in bankruptcy I read a gov pamphlet on rebuilding credit which reccomended companies giving out secured credit cards and was approved while still in bankruptcy for a 300 dollar for dollar secured card to put more than 500 on deposit with them to up the credit as they said I […]

Discharge

What is the difference between the person declaring bankruptcies discharge date and the discharge date of the trustee? When is a person `officially` out of bankruptcy? Would the student loan office be free to pursue an debtor after the individuals discharge date or do they have to wait until the trustees discharge date Posted from: […]

RRSP – 23 Jul 2008 – what now?

Is my RRSP protected during bankruptcy? Was the law on this changed in Jul 2008? If how has it changed? Posted from: British Columbia

bondable after Bankruptcy?

Does a history of bankruptcy affect wether or not you can be bonded for proprty management insurance purposes? Posted from: Ontario

person suddenly dies during bankruptcy

What happens to a person who has declared a bankruptcy and who is paying an amount during the first year but suddenly dies. What happens then? Posted from: Quebec

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