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i declared bankruptcy in june 2006 the trustee filed our tax returns for that year and the refund went to them.will the 2007 return go to them as well and who will be filing the return.does it matter if one is discharged or not. i thought the trustee only filed for the year someone declares […]
I reside in Ontario. I currently have about $200,000 in debt which includes both CRA and CREDIT CARDS. I would like to file for bankruptcy. I am currently working and make about $60K/year. My wife is also working and makes about $60K/year. I am the only one filing for bankruptcy, in Ontario. 1) What do […]
My husband and I have lived together for several years. We had about $4000 in household assets each when we moved in together. We have since received some furniture as gifts over the years. Are these gifts in his name, my name, or both? Can they be seized? Do they count toward my assets in […]
I would like to make a consumer proposal for all my debts. I understand my creditors will need to see a source of income. I am currently unemployed, but hope to have a job soon. Would a trustee consider submitting a proposal based on what my income has averaged over the past few years before […]
hi my ex husband and myself have a mortgage that was foreclosed upon and we owe 20,000 if I file for bankruptcy will the debt be completely erased or will it be just my name coming off the mortgage
My spose in in bankruptcy, he is only aloud to bring home $3,300 per month until his bankruptcy is finished. I am recieving $5000 for back pay from family allowance. Can we keep it? The check is in my name. I am not in backruptcy.
With a combined $100,000 in credit card and line of credit debt. With less than $5000 in assets, is there any advantage in a consumer proposal over bankruptcy?
My Husband and I owe about $50,000 on a credit line We have a house, ( mortgage is with same bank as credit line—we don`t have mortgage insurance) a real estate agent says our house is only worth $79,000. We are paying on a mortgage of $89,000 over 27 years, mortgage renews in 3 & […]
I am residing in US (green card holder) and I am a Canadian citizen. If I declare bankruptcy in the US does it mean I will be bankrupt in Canada as well? I don`t want to declare bankruptcy in Canada since I have money in RRSP and investments. Is it possible to declare bankrupt in […]
Hi, I will filing for Bankruptcy shortly to deal with other debt. I have filed my 2007 tax return and have learned that I owe. I have no ability to pay this amount. Can I include this CRA debt in my Bankruptcy still even though the debt is so new and not exactly outstanding?
