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Hell, I have around 60,000 dollars debt which includes an eight year old student loan. I’m considering bankruptcy however I have around 40,000 dollars in a locked in RRSP which I can only get at 55 years of age. What alternatives do I have, can the locked in RRSP use to paid the debts. If […]
Hi, my question is regarding bankruptcy. I am currently getting spousal support in the amount of $1350 and Child support payments of $2650.00 a month. Combined it is $4000 a month. If I was to claim bankruptcy would I loose a lot of money because of the surplus income formula? The child support is for […]
HOW DOES A PERSON FILE IF THEY CANNOT AFFORD THE NORMAL FEES TO FILE FOR BANKRUPTCY. Posted from: Ontario
If the judge finds that a person has committed bankruptcy fraud, what is the penalty ? Posted from: Ontario
I declared bankruptcy in 2008. I paid the trustee everything I needed to over the course of the next 9 months. After that I received a letter from the trustee, to my surprise, indicating I had to go to court due to the fact I did not pay off everything. The judge then decided that […]
If I am bankrupt and I am a Treaty indian and working on treaty land how does that work ? Posted from: Manitoba
My trustee filed my income tax return but there was an error on it. CRA paid out to my trustee a refund that was greater than it should have been. The CRA says the excess funds must be claimed as income on my next year’s tax return. So, do I have to claim this new […]
I am thinking about claiming bankruptcy and am researching it. I have a question, I have 60,000 in a locked-in rrsp. Is it possible they use this money to settle my debts? Would I still be branded as bankrupt if they do as technically I would have paid my full debt? Posted from: Alberta
I”m 62 years old with no job.I only have a TFSA account at Questrade.Can credit cards companies garnish that account.Is it in their practice to do so?If I file for bankruptcy,is that money($15.000) exempt? I owe over 40.000$ in credit cards and no income for now.What is your advice.Thanks for your help. Posted from: British […]
mobile home worth $14,900.00 purchased five years ago with a co-owner who wants to do a personal bankruptcy. Fully paid for. Property in the U.S. We are joint tenants – not married. Does he have to disclose this recreational property that is his principal residence for six months and otherwise rents in Canada for six […]
