Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

new bankruptcy legislation

I filed for bankruptcy on Sept 2/09. My trustee has told me that I am subject to the new bankruptcy laws (Sept 18/09), but I am reading conflicting info about this… is my bankruptcy governed by the old or new laws? Thanks. Posted from: Manitoba

Kelly

I lost my job and had no income for a few months that took an over extended credit situation towards the critical point. I now live and work in Saskatchewan, all debt is in my name. I fully support a disabled husband (he has no income) and two children at a second residence in Quebec […]

Life Interest Property and Bankruptcy

I have a primary residences but I also have my name on deed for a farm that was willed to myself. My uncle has life interest on this property and is living on the property. If I was to file for bankruptcy would the deed of the farm I own come into play since my […]

Home owner

I just took my name off the title of a house, how long until I can claim bankruptcy or will that info even become known when the bankruptcy process begins? Posted from: Ontario

Being bondable and bankruptcy

If employer asks whether you are bondable and one had filled bankruptcy what the answer should be? Posted from: Alberta

receiving income

I went bankrupt for $25000 of credit card debt, I am expecting possibly 5-10 thousand dollars in inheritance, what happens to that money? Posted from: Quebec

Law Suit Pending & Bankruptcy

We have been involved in a law suit for the past several years. Our trial date is not for another six months. I am confident that we will win or receive an offer to settle. If I file for personal bankruptcy before this is resolved, how does this affect my lawsuit? If a win or […]

Bankruptcy and unsecure credit card

We will be discharged from bankruptcy April 2010. Are we allowed to apply for an unsecure credit card now and have it just in case of an emergency? We can’t afford a secure credit card. Thank you for this site, its great and helpful Mary Posted from: New Brunswick

resp

what will happen to RESP that i invested for my kids? Posted from: Ontario

Wondering

I am in so much debt and can not afford to pay anymore. Do I have to be months behind in payments or can i declar bankrupt before I fall behind.. I have been using credit cards for bills etc. and they are all maxed out now. Posted from: Ontario

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