Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

opposing a discharge

At the 11th hour of my discharge, my ex who I was partners with in a business decides he is going to oppose my discharge. He was the only oppostion to my discharge. He was the cause of my bankruptcy in the first place. I can`t afford legal representation for the hearing, can I get […]

Separate before or after going bankrupt

I`m common-law with 2 dependents. My partner and I are planning on separating, we have joint debts- 2 bank loans, holiday trailer payment and a mortgage, there are is no equity in the house or trailer. I have $25000 in credit card debt and I want to file for bankruptcy. My partner does not want […]

suspened license

my licence is suspened in another province and i paying the fines slowly can i file for a brankruptcy and these fines get cleared up Posted from: British Columbia

surplus calculation with C.L. partner

Hi, I am looking at filing myself. I understand how to calculate surplus income with my income and my common law partner`s income. However I am not sure how the Child support payments that he must make are seen. They are a non-dicresionary bill we have to pay but will it be looked at it […]

farming

I have a farm (not my main income source). Question 1: how does livestock figure into bankruptcy? My livestock is jointly owned with another person who is NOT filing for bankruptcy Question 2: The family home is on the farm property of 20 acres. Will the home be taken? The home is jointly owned with […]

Travel Restrictions

I am considering going into bankruptcy but I was wondering if there are any travel restrictions while in bankruptcy? Are you still allowed to go overseas? Kind Regards, M Posted from: Alberta

Co-signer Information

I am a co-signer for my son`s vehicle which he makes the payments on. I am contemplating bankruptcy for myself. What will this mean for my son`s vehicle? Posted from: Alberta

child support

if you receive child support is that considered income when determining the surplus amount? Posted from: Alberta

bankruptcy and CCTB

A followup question (from a different poster): You say that a bankrupt will not lose the CCTB, but is that only the case because the CCTB will be lower than the threshold amount? I need to file for bankruptcy, but my take-home pay and the amount my girlfriend receives in CCTB combined is greater than […]

DNS

I am an owner of a company in canada and owner of a company in the states if i go bankrupt in canada because of CRA debt will it affect my american business Posted from: Ontario

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