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After Bankruptcy: Answers to Questions

Most Recent ‘After Bankruptcy’ Posts

Retroactive Child Disability Benefit

Hi there. I was discharged from a bankruptcy 4 years ago. My child was recently approved for a child disability benefit and was awarded a retroactive benefit. Although Revenue Canada said the payment went to my trustee, Rev Canada also stated that since I was discharged for so long the payment should have gone to […]

spousal and child support

is child support and spousal support taken into consideration when calculating surplus income? Posted from: Ontario

EI overpayments

along with credit card debt i have employment insurance overpayments would these 2 issues be dealt with and can i collect EI at that time Posted from: Ontario

annul bankruptcy and file a proposal

my fiance filed for bankruptcy a few years ago one of his debtors agreed to it while the Canada Student Loans which he had not paid over ten years and should not have been included at all, according to all of the research that I have done. Well this debtor has required him to pay […]

Query re partner who was bankrupt

I am dating someone who has been Bankrupt once before and they want to take our relationship to the next step and we have discussed marriage. I have excellent credit. How could this persons previous bankrupcy affect me and my credit rating? Posted from: British Columbia

lise

I am thinking of seeing a trustee about a consumers proposal. I have accumulated 42000. in debts.(credit cards, loans)My question to you is I lost my job and currently waiting for my ei, most of my credit card debt and loans are not secured but they are not even 1 year old.some of them i […]

Bill C-12

Could you please tell me if Bill C-12 has gone through especially the following: A first-time bankrupt with surplus income would be required to pay that surplus income into the bankruptcy estate for 21 months, or further if ordered by the Court. For second-time bankrupts, the period would be 36 months. We are very confused […]

Equity in a vehicle

I have a vehicle that is worth aproximately $11,000 and have a secured loan against it for just over $6,000. If I file for bankruptcy can I continue making payments on this vehicle and keep it? My payments are $650 a month and there will very quickly be more than the $5,000 allowable equity in […]

Stock options

I may have to declare bankruptcy and I would like to know what will happen with some stock options with a publicly traded company that are in my name. They are not in the money right now, but I believe that they will be sometime before a discharge. If they are in the money but […]

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