Life Insurance Policy
If declaring personal bankruptcy, are they allowed to cash in life insurance policy for cash value at time of filing bankruptcy?
Q&A: Answers to Questions
Most Recent ‘Q&A’ Posts
Am I allowed to find a job overeases after I filed for bankruptcy?
I have not been having luck in finding a job for the last 5 months. I am back in Canada after being laid off from my job overeseas. I am considering filing for bankruptcy now since my funds have ran out. If I file for bankruptcy and after a period of time , I find […]
bankruptcy discharge
My husband and I had both filed bankruptcy. As of early last April 2006 we had paid in full any surplus income. now 9 months later we still have not received a discharge on our bankruptcy and are wondering how long it usually takes and what we can do about it? we are becoming very […]
car and bankruptcy
will they take my car away if i go bankrupt? i have two jobs and the car isn’t paid off yet.
already went bankrupt but still have outstanding student loan with interest growing
Hi! This question is about my fiance. He has gone bankrupt and was discharged in 2000. He still has the oustanding provincial and federal student loan to pay with growing interest. They recently took his 2004 & 2005 incometax return from him. He has written the federal government collection agencys not once but twice with […]
Filing tax refunds after bankrupcy
Can you explain why the trusteeswill keep the income tax refunds and GST credits, even when their is not more debt owed to the creditors? Can I go to any Income tax preparation company for them to do my tax return?
ex gone bankrupt
my fiance and i are to be married in 4 months, all of our assets are tied together. the ex girlfried of my fiance has been gone over a year and is now claiming bankruptcy and saying that our assets our hers, can she really do that?
debt
I live common law and am thinking of going to see about a proposal. my question is if I do that we own a house together will they take it. I have some rrsp will that be taken. I just have to much credit card debt but the mortgage payments are made and the line […]
Bankruptcy and my house
3 months ago we finalized the sale of our home. We used the profit to catch up on our bills, go on trip and put a down-payment on a new home. Since then my husband’s work has slowed and we are once again behind on our bills. If we declare bankruptcy now will be lose […]
Secured Loan
I recently found out a loan I obtained through Citifinancial is secured. When I got the loan they asked me for a list of possessions equalling the amount of the loan. I did my best to list some items, however, to be honest, we don’t own anything of value – even our furniture is all […]