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Most Recent ‘Q&A’ Posts

bankruptcy and credit report

i declared personal bankruptcy in sask. in march 2000 discharged in dec 2000. i think i received my discharge papers but have lost them. do i need to send them to credit reporters (equifax) to have them remove it from my credit report? if so how do i get a copy of my discharge?

JOINT BANK ACCOUNT

I will be filing for bankruptcy in the next few months. That is probably a given. My question is this. My mother died about six years ago. She took care of all of the household bills and the bank accounts etc. My father had never paid a bill or wrote a cheque in his life. […]

Monthly spending report

While on bankruptcy, if a reciept is required for all spending, how does one deal with cash spending on for example parking meters (where no reciept is given)/ money as a gift for weddings/etc… This is a very big concern to me because while I will be able to document all spending and provide my […]

Credit Card Question

I Filed for bankruptcy on june 21st and surrendered my credit cards. One of them was a Corporate card that is needed for my job. I work for the government and i very often sent out around the province to fix computers. I need this credit card to rent cars and hotel rooms. At the […]

Ex spouse is declaring bankruptcy

I have been divorced for over 10 years. My former spouse(lives in Ontario) is in excess of 58,000 in arrears for child support. I currently receive 50% of his CAF pension(garnishee), however this does not cover his monthly support obligation. My question is can I expect to maybe collect some of the money he owes […]

un discharged surplus iincome

I`m a undischarged bankrupt and I `m in a general partnership new business, I`m starting to make plenty surplus income I was wondering if I could take the surplus income and invest it in another business start up if it would still count as a income. What else can i do with this surplus income.

Does a Paypal Credit card help rebuild credit?

I am about to be discharged from my bankruptcy (next month). I have credit card from Paypal, that is actually more like a debit card – I can only spend what is actually in my Paypal account, nothing more. But the card is a Mastercard and can be used anywhere that a credit card can […]

Consequences of not naming a creditor as a liability

Good Day, I am owed monies by a bankrupt person. The bankruptcy did not name me or the debt owed to me as a liability. I have a court order (Small Claims) that was obtained two months before the person went bankrupt. Can I still collect this debt?

Can I borrow while bankrupt ?

Can I borrow $10,000 from a friend while I’m bankrupt and use the money the way I want (to invest, start a business, etc) ?

Newfoundland & Labrador exemptions

On your site is the list of items exempt during bankruptcy. The last item says “certain income and certain pension plans” are exempt. Where can I find the list of these certain incomes and pension plans? Is a CPP disability pension exempt?

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