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I have pst and gst to pay off from a business that we shut down. Is it possible to include these in a consumer proposal that would have all of our personal credit cards?? also – with a consumer proposal – companies are not offered 100% of the amount owed – is this the case […]
Is it possible to rent a house after declaring bankruptcy? Have you had clients that have had problems finding a place to live after declaring? We are thinking of declaring bankruptcy and giving up our home but I’m afraid we won’t be able to find anywhere to live.
Last fall a major bank placed a lien on our home for approx. 60,000 due to not making payments on our unsecured lines of credit. They threatened to take our home from us as this major bank also held the first mortgage at that time. We were able to refinance thru a broker using private […]
I have a secured credit card with a 2000 dollar limit and a 2000 dollar deposit held as security. The card has a 1087 dollar balance. If I declare bankruptcy can I still keep the card or do I have to close the account and get the remaining deposit back? I don’t think I will […]
I owe PST and GST around 175K. If I personaly declare bankrupcy will all my company debts be included in the bankruptcy? I also sold my share of the house my wife and I live in around 5 months ago do to cash flow problems in the company, it was legally done at the notary, […]
Hello , over the last 6 weeks I lost over 60000 at the casino, 30 was from my savings and the 30 was from my credit cards. I only make 1000 a month and just not sure what to do. Also is there any chance of going to jail for fraud charges. Thank you
If a close relative makes a big payment to an unsecured creditor on your behalf in the period prior to bankruptcy is that payment considered fraudulent preference? My father (81 years old…) paid off a credit card debt of mine for 5500 dollars last month after being contacted by a collection agency (a possibly illegal […]
Before declaring bankruptcy, can I transfer the ownership of a RESP to my child who is over 19, so that the funds will be protected for my child?
In the FAQ section of the website you have mentioned that in Saskatchewan RRSPs are exempt from seizure in a bankruptcy. But elsewhere you have mentioned that (anywhere in Canada) RRSPs are seized unless locked in. Which one is true?
Can someone who is bankrupt and receiving welfare travel outside of the country?
