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If I have 6,500 in a mutual fund type of RRSP personally and as a government employee, we are automatically enrolled in government pension and deferred savings plan, how are these accounts handled when we file for bankruptcy or make a consumer proposal? Posted from: British Columbia
My family and I have about $90 K in unsecured debt. We rent and have one vehicle secured against Nissan Canada. We have about $13 K in RESP for children. We are in a jam cause of loss of job and spouse`s income not enough to survive. If we file bankruptcy, the only amount the […]
I owe a significant amount to CRA. The money owed is payroll withholding taxes. I am considering winding down the business, assuming personal responsibility for the CRA debt and then making a personal proposal. I transferred full ownership of our house to my spouse after most of the CRA debt was incurred. Is there a […]
I am unclear what my rights are with regards to asset disposal (specifically money in a bank account) after a notice of intention to file a Div I proposal but before the meeting of creditors. I am a high wage earner with significant CRA debt and with business expenses. Are there any rules or regulations […]
I owe 44000 on my truck and due to economical circumstances can`t afford the payments. I have been trying to sell it for 30000 since the finance company will let me out of it for 32000 but can`t find a buyer. My question is If I tell them to take it back will they sell […]
I filed a consume proposal with a trustee that didn`t ask me specifics about my assets or ask me to complete a sheet outlining my possessions. She filed the report, and my furniture/personal effects assets were listed several thousand below the exemption limit. I don`t have a lot, it`s true, and I know it`s based […]
I have a meeting of creditors in my trustees office next Friday- I had too many no-votes for it to pass. I am very anxious about what is going to happen in this meeting. Am I going to be signing am amended CP based on the new payment (which will be more). Will the creditors […]
If I have someone who is suing me for a private debt (not a bank, but an individual), and we have a court date set for 2 weeks from now, if I file a consumer proposal and include his debt, what happens to the court date? Would it be postponed until the CP was either […]
I would like to know if it`s possible for someone on long term disability to make a consumer proposal? And also, if I have a 4000$ secured credit line where my truck is held as the security, can I offer them rrsp`s instead of my truck as a repayment option? Posted from: Ontario
Can the tax refund for the 2009 be offered as a part of the credit proposal payment,or it automaticaly goes to trustee? Posted from: Ontario
