Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More
Let`s assume that I have filed for bankruptcy in Ontario. During that time, I was not working. I did everything that the trustee requested of me. I fulfilled my duties. I then received my discharge papers on May 1 (example). What happens if I start to work on May 2nd. Can or will my discharge […]
ARE CHILD SUPPORT PAYMENTS TAX DEDUCTIBLE FOR THE PERSON PAYING IT?
I was discharged from my bankruptcy in 2004. I have recently refiled my income tax returns from 1997-present because of my daughters disability(did not know that I could claim that). They sent my refund from 1997-2004 to the Licensed Insolvency Trustee. I thought that once I was discharged I was all done with this. Were […]
We were discharged from bankruptcy in August 2007. My husband got a gst credit deposited into our account last week which we had expected to go to the trustee. Today came a letter in the mail from CRA saying `Your trustte in bankruptcy has told us to send any credits in which you are entitled […]
We`re in need of a new vehicle in the next couple years, so we`ve started looking. Ideally we wanted to wait as long after the bankruptcy so that we have time to start rebuilding our credit and hopefully won`t have to deal with such outgrageous interest rates. Speaking to one of the credit guys at […]
I understand that it is important to open a `safe` bank account at an institution where there are no creditor links. Will the account that I had prior to bankruptcy be usable again or should I simply close it completely? If it will be usable again, how long would you recommend waiting before returning to […]
Once all paperwork is signed with the trustee, how long will it take for the creditors to stop calling about the missed payment?
I co-signed for my daughter to have a credit card she has ran it up to over $30,000 but I am still responsible for that bill and she is not in good standing to pay the bill.I am a pensioner and all my finances are in good standing except for this visa. I have gone […]
I went bankrupt in 2000 due to financial difficulties. At the time, they told me I was unable to include my student loans. I started to repay my student loans but then I lost my job. I have currently $7000 owing and no income. The collection agency has sent me a letter and the government […]
Once a person`s bankruptcy has been dischared and removed from their credit report, are there still records of this available anywhere? If so, what records contain this information, and who has access to it? For example, can a prospective employer look up this information?
