Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

income tax and bankruptcy

hello, i have a question in regards to bankruptcy and income tax returns. if an individual decides to file for bankruptcy prior to filing for income tax of this year, will he/she be able to keep the amount claimed in the income tax return, or will this be taken away? when is it better to […]

Co signed on a loan.

I am currently co-signed on a a loan with my ex, if I file for bankruptcy and she fails to make the payments, which I strongly believe she will, will I still be responsible for the loan. Thanks for the help. Posted from: Alberta

Family Unit

I live with my sibling. We only share utility and mortgage expenses for the house (I independently pay for my own expenses out of my salary). I pay for all of my other expenses. My sibling does not incur any of my expenses, nor does my sibling benefit from my income. Under section 10 of […]

bankruptcy

what`s involved in a third time bankruptcy? Posted from: British Columbia

question on personal bankruptcy

how do i go about filling for bankrupcy Posted from: Newfoundland and Labrador

Eguity

What happens if you are in the middle of a divorce and you x is also a partner with you in a company? House has $250,00 in equity but total bills come to $267,000.00 The other partner doesn`t want to go bankpupt. House is for sale but may not bring in enough to pay everything. […]

My house

My husband passed away last year leaving alot of debt and my cctb and other monthly bonuses were cut severely this year, and now my hours have been cut at work an I have to return to school to upgrade my job. I am overwhelmed with debit and looking at bankruptcy. I have three little […]

Property

If I transfer property into a family members name before I file for bankruptcy…can it be touched? and if so, what is the timeframe? Posted from: British Columbia

car accident bankrupcty?

i bumped a person in a car i owe icbc 400,000$ i cant ever pay, they say my dad can pay but then i owe my dad forever which means i am goin to be broke forever i dont know what im suppose to do in this situation someone suggested bankruptcy but im not sure […]

Bankruptcy

I owe employment insurance 16000.00 would that be included in a bakruptcy. It was due to a judgement that recieved reg ei payments while I was ill. I recieved the wrong benefit Posted from: Ontario

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