Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More
My husband & I were discharged from our bankruptcy in October 2003. I received my credit report recently and even though I know I’m to check for errors, what should I be looking for? Everything on it makes sense. The items that were included in the bankruptcy still appear so are they not to be […]
My question is this: I currently reside in the United States; however I am a Canadian Citizen. I have a bank loan here in Canada; but was recently laid off work. I have established a good credit rating in the US; however find myself unable to pay on my loan in Canada. If I declare […]
I was wondering what happens to things like RESP’s and Life Insurance that are set up as Joint Subscribers and only one of the Subscribers files for bankruptcy?
My wife was in an abusive relationship with an alcoholic. She was divorced and the divorce papers say that he was responsible for the debt. He had a credit card, which she had no access to, and a line of credit, which she had no access to. She recalls signing papers at times during the […]
I recently filed Chapter 13 in the US and living there. I list my Canadian credit card debts. The lawyer sent them notice to claim. They never did. I asked my lawyer and he said don’t worry about it. Are those Canadian debts considered none collectable since they did not file with my Trustee?
Are you discharged from Bankrupcy after 7 seven years automatically? Do you have to go through your trustee to be discharged after 7 years?
There is a huge disparity in exemptions within Canada with respect to home equity. In Alberta you can keep up to $40,000 of equity, BC $12,000, Newfoundland $10,000, Saskatchewan $32,000. Ontario, however, does not provide an exemption for equity in real estate; nor do Nova Scotia, New Brunswick, Quebec and Prince Edward Island. Who is […]
If we own a house but currently rent it out while we ourselves live in a rented house due to moving to another city for work : are we still entitled to the exemption amount for the house? (in B.C.)if we were to file for bankruptcy?
if your discharge is blocked by CRA (Canada Revenue Agency), does it ever go away, ?
I’ve heard that if you spend an amount on a Credit Card within a certain period of time prior to bankruptcy, you still have to pay this amount. What time frame must elapse between last purchase on Credit Cark and Bankruptcy? bankruptcy Canada, personal bankruptcy
