Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

RRSP

I am currently in bankrupcy and just found out I have a rrsp from my old bank, they will be sending me a check in the mail. Do I have to claim this as income? Posted from: British Columbia

I am aus and canadian citizen. I moved here about 15 years ago. I have debt in the us . I went to a lawyer to file bankrutcyand he said , I could not because living in canada. What can I do to get the us bill collecters off my back. I do not think […]

home ownership/mortgage

what happens to our jointly owned home if only 1 of us declares bankruptcy and there is no equity in the home. is the person that is not declaring bankruptcy the only one on title and the mortgage? Posted from: Ontario

multiple home owners

My home is owned by me and my son in law. If I file for bankruptcy will he lose the home? Posted from: Ontario

Tessa

My common law husband is planning to file for bankruptcy. He owns a property with his two sons. Is it legal for us to sell the property and distribute some of his equity to each debtor and use some for immediate living expenses ? We are not making enough right now to cover rent, utilities […]

payments

I am 26 and considering declaring bankruptcy. I am wondering if you have to be behind in your payments in order to declare. I can make the payments every month, but then do not have enough money for myself to eat properly. I have to end up putting money on my cards to buy food. […]

inherit

if i inherit a house with a mortgage can the bankruptcy take the family home Posted from: Ontario

Counselling

I am in bankruptcy and have been paying for my daughter to see a counsellor for depression. Can that payment be deducted from my surplus income for health-related expenses Posted from: Nova Scotia

undischarged

I am currently 2 months into my bankruptcy and an unbelievable job opportunity has opened up and I have an interview for it. My question is do I have to disclose the fact that I am an undischarged bankrupt? Posted from: Ontario

Death and bankruptcy

what happens to my house if I die during my bankruptcy and prior to discharge Posted from: Ontario

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