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i have aprox $220000.00 in debt from unsecured personal lines of credit,credit cards and unsecured business lines of credit.things are going badly right now with my business(almost non existent)i have been making minimum payments on all except the business line of credit because thats all i can afford right now.can i be denied automatic discharge […]
Once I have filed for bankruptcy and CRA debt has been included due to a reassessment and part of that included money owing to Canada Child Tax Benefit, will I resume normal child tax benefit payments? Posted from: Ontario
We have filed Bankruptcy in July/04. My husband is on Workers Comp and I have a minimum paying job. We did not get a conditional discharge that is after 9 months. We managed to pay the Trustee the entire amount in October/07 and still she hasn’t given us the discharge. I received my credit bureau […]
If I file for personal bankruptcy, do I have to file for the corporation as well? I have some inventory (my corporation)that I might be able to sell and get anything from 10,000.00 to 60,000.00 but it won`t be easy to sell. Producst are old and come from another company that filed for bankruptcy in […]
i have a mortgage and a line of credit i can`t afford. I owe 3 hundred thousand on my home. If I sell my home for half the price I to pay off the line of credit but still can`t pay for the outstanding amount will bankruptcy cover that? Posted from: Alberta
My husband and I are in the process of filing for bankruptcy and our trustee has advised that we could be called into a creditors meeting or a meeting with the superintendent of bankruptcy. What should I expect from these meetings. We already feel horrible enough and I fear that we will be put through […]
CMHC is going to collect all my income tax from CRA. Is this forever or once I file they can no longer take my income tax. I understand though that the Trustee will be receiving my income tax, how many years will that be for? Posted from: Ontario
I am separated and all that is left is to settle the money in trust from the sell of our house.I have filed for bankruptcy and my ex-husband and I have decided that we would like the following to happen to the money. $10,000 to the bankruptcy, $40,000 to our son, $4,500 to our daughter […]
Does a CPP Disability Pension count as income for purposes of calculating family earnings ? Posted from: Ontario
Is a university student allowed to file for bankruptcy while still in school? Will he be allowed to complete his education while bankrupt? Posted from: Ontario
