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Most Recent ‘Q&A’ Posts

discharge

My courthearing for first time bankrupt was in Feb 09. Court set discharge date first week August 09. I checked my discharge status on the Ontario Superintendent of Bankruptcywebsite and my dischargestatus is `hearing set`. My trustee says documents are waiting to be signed by registrar. How long does it m=normally take to receive and […]

job security and bankruptcy

I work for a financial institiution and some of my debts are held by my employer. If i go bankrupt can they fire me then? Thank you Posted from: Ontario

CRA registered a tax lien on my house after going bankrupt

I declared bankruptcy Sept 17, 2009, and I just received notice that CRA registered a tax lien on my home October 1, 2009. They were listed as one of the unsecured creditors in my bankruptcy. Are they allowed to register this lien after I go bankrupt? Posted from: Ontario

History

How far back does a trustee or the courts look into your financial background (ex. 1 year). How involved is the process? I am about to file for bankruptcy but sold a piece of realestate 1 1/2 years ago, got a lot of money from the sale, but that money was sent back to relatives […]

Failed to complete the requirements

I filed for bankruptcy in 2005 in Ontario and had moved away from the area shortly after. I am now living in BC. I discontinued making my payments to my trustee. It is now 2009 and I wish to resolve any past issues. What are my options? Posted from: Ontario

supplementary credit card

My wife had a supplementary credit card under my account, she never signed anything, and her name never appeared on the bill, but she have used the card. 6 months ago i called the credit card company and asked them to cancel her supplementary credit card. If i file for bankruptcy is she responsible for […]

Mortgage, Debt, and moving abroad

I am self employed and used to work in an Industry that has dissolved. I have not made any money over the past year. My mortgage is more than I can sell the house for, My unsecured debt is around 100,000. I have zero income and can no longer afford to pay the mortgage or […]

unfiled taxes,

i havent filed my taxes since 2001 , i am a subcontractor , what the steps for filing bankruptcy Posted from: British Columbia

Trustee passed away

My trustee had passed away. I was in a 2nd bankruptcy this was in 1992. In 2000 a firm called me saying they had received my file as assets from the previous trustee. And I was not discharged only he was discharged. I was not living in a different province, they explained they would get […]

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