Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

Loan for RRSP secured debt?

I have taken a loan through my credit union for $20,000 to deposit into an RRSP. The loan is over a 5 yr period. If I file for personal bankruptcy, does the credit union have the right to withdraw the money from the RRSP to retrieve the money they loaned. I am aware that RRSP`s […]

Bankruptcy while out of Canada

Can I declare bankruptcy in Canada while living outside Canada. I understand I have to meet a trustee in Canada, so if I am able to return just to meet a trustee, can I declare bankruptcy? Posted from: Quebec

What counts as income?

I am currently unemployed. If my parents pay my living expenses during bankruptcy, but do not actually give me the money directly, does this count as income? Posted from: Ontario

mr.

single parent collecting child tax credits, will this be withheld due to filing for bankruptcy? Posted from: Alberta

guy

I am supposed to be discharged from bankruptcy in about 5 months. A member of my family has just died, and I am not sure if I am in the will. If the will is not read, or if I am not informed that I am a legatee until after my discharge, do I still […]

william

was delinquent on paying my bankruptcy and now the trustee has filed for his discharge on February 5. If I pay my balance to the trustee before that date, can I still be released, or will what I pay to the trustee just be lost. Will I be able to file for bankruptcy again, or […]

Lose the house

I have a large amount of debt and I am thinking of declaring bankruptcy. My concern is will I lose my house? The house`s Title is in my wife’s name and not mine? Posted from: Ontario

Secured Credit Card

I have filed for bankruptcy and I am half way done, before I should get discharged. First time bankruptcy. 1) Can I apply for a secured credit card even though I have not been discharged ? If so, will that affect my bankructy process or extend my period before I get discharged ? THANK-YOU Posted […]

Who s Official Receiver?

Recently, I filed bankruptcy and have a meeting with officer receiver? I don’t know about law anything Can some one explain what s that about it/Is she /he the one make a decision about file?after meeting will I go to court and defend myself? Posted from: Ontario

Tuition contribution

I have $10 000 . in my bank account and need to declare bankrupcy. Can I give my 18 and 23 yr old daughters my half of their tuition fees . (Their mother, my exwife gives them the other half.) This is financial support of my children as I see it. Posted from: Ontario

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