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Most Recent ‘Q&A’ Posts

lein on property

i am a single parent with 19 month old son and have a paid off house. owe $40000 in debt and they are now trying to get lein on my house. how long can the lein last Posted from: Ontario

assets and bankruptcy

My wife`s parents included her name on a property they purchased strictly as a right of survivor scenario.My wife and i are close to declaring bankruptcy.Would this property come in as an asset ?Would there be any repercussions if her name was removed before she and i declared bankruptcy? Posted from: Saskatchewan

garnisment

does a garnishment of my wages or bank account affect my credit rating? Posted from: Alberta

Past expenses

I am looking to go bankrupt in the coming month.. I lost my job in November and have been living off my savings (which are almost wiped out) and credit cards… I purchased a laptop in September 2009 on credit. I just sold it last month to make my car payments and keep it up […]

lorri fraser

my husband and i are seperated, and still own a house together. he is filing for bankruptcy, and i am not. how does this affect me and the mortgage payments? Posted from: Ontario

407 Bill

I`m considering bankruptcy and I`d like to know if my 407 ETR bills would be forgiven if I declare bankruptcy. Thank you. Posted from: Ontario

Winning money?

My parent are in bankruptcy and have gotten what I think is a conditional discharge. After the 9 months they were told they have to pay $8000 and then they would be discharged. During the 9 months they seperated. My mom got a lotto ticket for xmas and won a bunch of money. Will she […]

tax fraud

im being audited by revenue canada and ei for fraud. if any penalties will i be able to put that on my bankrupcy or will i have to pay fine and interest Posted from: Ontario

Start bankruptcy in BC, move to NB?

I will have to file for bankruptcy early in the New year. I`m also thinking of moving back to NB, early spring or so, as it is much cheaper to live there than here. Is that something that can be done while going through a bankruptcy.. or does one have to remain in the province […]

Tax refund during bankruptcy

I understand that tax refund is lost in the year of bankruptcy. What about if previous taxes were already collected, do we have to pay it back Posted from: Ontario

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