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I recently spoke with a Trustee who said I was not a good candidate for Bankruptcy as I am “Judgement Proof” She advised if my financial situation changes I could consider filing then. Is doing nothing a common alternative? Posted from: Ontario
If you have seen a trustee prior to bankruptcy, can they use things told to them against you once you claim bankruptcy? Posted from: Newfoundland and Labrador
I am expecting a refund from CRA when I file my next return. I am guessing I may get back about $3000. It looks like I will have to consider bankruptcy by April or May next year. If I used my refund and prepaid my power and phone bills for the year, would this affect […]
My family income does not put me in a position where I would have a surplus payable to my creditors. However, during my bankruptcy it is possible that I will receive a one time lump sum payment that will make a surplus. Does this automatically mean my bankruptcy extends to 21 months? Posted from: Ontario
At the time a person went bankrupt she was only asked for the insurance policies she owned. What happens if she is a one of the beneficiary of the policy she does not own and there is an insurance payouts. Does the trustee have to know and what happens if not reported to the trustee […]
can collection agencies garnish ontario works Posted from: Ontario
I have not been discharged from Bankruptcy but I received proceeds from accidental death insurance . The accidental insurance was taken after 10 months declaring bankruptcy Can a proposal be done Do I have a choice. Is accidental death exempt from trustee taking the money Posted from: Ontario
Is the amount of your income that determines weather your bankrupt for either 9 months or 21 based on your income before filing or what you make in the first 9 months? Posted from: British Columbia
I’d like to take my fiancé on a trip to Europe (I’d cover all costs); however, he’d like to commence his bankruptcy paperwork. Is he allowed to leave the country during his bankruptcy? Posted from: Alberta
We have been told that our house will be foreclosed on if we do not pay the arrears of 1200.00 and the legal fees of 5987.00 equalling almost 7000.00 which we cannot do. No one will work with us. Do you know what the process is when bankruptcy takes place and you lose your house. […]
