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After filing for bankruptcy in Canada in Dec/04 my spouse passed away in May/05. I was discharged from bankruptcy Sept/05 and received a life insurance payment in Nov/05. The trustee is now contacting me and they want the money. Do I have to repay it? bankruptcy Canada
Hi, When a person files for a consumer proposal and wants/needs to keep his home, is there a negotiation process that goes on with his mortgage lender. Most of the debts that would have to be covered would be with the CIBC, which is also the lender of the mortgage. Thanks consumer proposal
Will the CRA usually oppose a discharge if the debt owed to them was included in teh bankruptcy? If yes, is there a minimum amount before opposing?
should a person on a pension claim bankruptcy; the person is 83?
Canadian citizen, became legal resident of US. Filed for bankruptcy in US. Revenue Canada(and several other Canadian creditors) were listed in the paperwork. Bankruptcy was discharged without problems. Several years later moved back to Canada. Revenue Canada has now witheld current income tax refund claiming money was owed(with interest) from prior to bankruptcy. Other creditors […]
Who is the Official Receiver in a Bankruptcy?
My ex-husband left me with a debt to cmhc. People keep calling me for the money, they say i owe $32,000. I work part-time and cannot afford to pay this. If i claim bankruptcy will it help me?
1. How much cash is a single person allowed to keep on the day of bankruptcy ? Would it be $1750 (the legal exempt) ? 2. How much cash am I allow to have during bankruptcy ? If my income is $1700 per month but I spend only $1300, after 9 months I will have […]
My monthly expenses are about $1200. My income is low and irregular. One month it may be $1700 and I run surplus (I save $500), another month it may be only $800 and I run deficit (I spend $400 of my savings). Should I include my savings from previous months (as well as savings on […]
On June 15th, 1998, the court declared an absolute discharge one year after I went in bankruptcy (for the second time) because of delayed disability payments. How long does the bankruptcy remain on my file at the credit bureau? I do know that the act was changed in 2005, and wondered if the 14 year […]
