Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

mrs. c

I will file for bankruptcy this coming april 15. I filed my income tax return already both in qc. and federal. I am waiting for refunds should I keep the refund or trustee will take it. Posted from: Quebec

Is a claim for an equalization payment in the form of an RRSP rollover extinguished by bankrupty ?

I am an Ontario resident. My husband lives in B.C. We are in the process of negotiating our separation agreement. Would my claim for an equalization payment in the form of an RRSP rollover be extinguished should my husband declare bankruptcy after signing the agreement? My lawyer says that in Ontario my claim would be […]

savings

I`m on provincial disability,I`ve had cancer but still unable to work I receive $1000 a month which does not cover my bills . I cashed in what little money I had for retirement. eventually I`ll have nothing do I have to wait until i have no money . I have about 5000 which with my […]

Bankruptcy in Assignment

Hi, I started a bankruptcy in Alberta in 2004, for various reasons it never got completed. Currently it`s on Assignment with the Trustee who is requesting $2000 to reopen the file, then pay the standard fees. Some minor debts have occured since then, what are my options here? How do I clean this up? Posted […]

Debt larger than reported

When I gave a list of my debts to my trustee I put down $300 owing to GST when we filed 3 months ago, but it`s actually more like $8,000. Will the difference not be included in the bankruptcy? Posted from: Ontario

promissary note

promissary note can a judge rule that the loan has to be repaid if the lender goes bankrupt thankyou Posted from: Ontario

Notice to creditor

I claimed bankruptcy back in Aug.2008. I reported a credit line debt with a bank to my Trustee . The bank was notified, however, the a co-signer of the debt was not notified. What can happen? Thanks. Posted from: Ontario

savings while in bankruptcy

I am currently in bankruptcy and paying surplus income to my trustee. After the surplus is paid the rest of my income covers my main expenses plus some for entertainment etc. If I cut back on the extras every month am I allowed to put this surplus money into a savings account? Posted from: British […]

Mortgage

My husband and i filed for a consumer proposal a few years ago. We were discharged in October of 08. The only debt we have is our home and a secured credit card for 1000 dollars. We have remortgaged twice and now our mortgage is up for renewal . Our mortgage is with a private […]

if you have rrsp what happen to them if you go bankruptcy

if you have rrsp what happen to them if you go bankruptcy Posted from: Newfoundland and Labrador

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