Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

can I bankrupt an existing consumer proposal

I am currently in a consumer proposal, and finding it tough to make my HELOC payments, can I bankrupt my consumer proposal? Posted from: Alberta

File Bankruptcy Before or After Start of Maternity Leave?

My husband recently left me with with all of the household debt (all in my name). I currently have a 2 year old and am expecting another baby within the next 3 months. I was hoping to file for bankruptcy before having the baby. My issue is, If I file before the baby comes, I […]

can I lose my truck if I got a loan through bank to buy it?

Ifyou have a truck loan through a bank and if you don`t pay for truck bank will take it back. can you lose the truck in bankruptcy? Even if continue to pay for truck through the bank? Posted from: Ontario

strata fees

hi,property taxes and strata fees,can i erase these by bankruptcy,dont see it anywhere,thank you Posted from: British Columbia

How long the bankruptcy will be?

Hi, my question is: If during the first seven months of bankruptcy I have a surplus income of more than 200 CAD for 3 of the months and the 4 months is below 200 CAD, how long the bankruptcy will be? Do you calculate the average for the 7 months or every months must be […]

Do I have to disclose my bankruptcy if I work as a contractor?

I have been unemployed and bankrupt but now I have been offered a new job but it is a contractor position, not an employee position. Do I have to disclose my bankruptcy to my future “employer”? Posted from: British Columbia

earnings before bankruptcy

I am a licenced real estate agent but besause of health issues, have had no income in over a year. I have debts in excess of $200,000 including about $90,000 to CRA and $65,000 in a judgment to a major bank from a credit card. I am now well enough to return to work but […]

Wrongfull Dismissal Settlement and Personal Bunkruptcy

Hi, I lost my job during the sickness and filed the wrongful dismissal lawsuit against ex employer. This was last year in May. In the mean time I struggle to keep up with all the bills and had lot of medical and legal expenses. My question is: If I file for bankruptcy before the case […]

Lawyer Fee

Can legal/lawyer fees be included in bankruptcy process Posted from: Nova Scotia

mr

Iam going to file for bankruptcy, have a debt of 25.000 dollars, and I own a house, would like to know after 01 year while iam in bankruptcy and decide to put my house in forclosure, what is going to happen with the bank, do I have to pay them the difference between the balance […]

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