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i have recently been discharged from my bankruptcy. My student loans were not included in the bankruptcy. my question is with Bill C-55 being passed in late november (even though the changes will not come into effect unil June 06) which would hopefully change from 10 to seven years that you would have to wait […]
My husband and I are considering filing bankruptcy. I lost my job over a year ago and we are falling way behind in our bills and credit cards. We have the opportunity to move to alberta for better work. We now live in Ontario. Can we move to Alberta and then file personal bankruptcy or […]
i have a co-worker who filed for bankruptcy in late december 2005. he had RRSP that were employer sponsered. He received a letter a few days ago stating that the RRSP that he had were seized and would not be exempt from his bankruptcy. As well because they were cashed/seized they are now seen as […]
I am in default on several credit cards.The companies I am owing have sent my accounts to the collection agencies . I gave permission to allow the companies access to my credit report etc. This was done when I applied for the cards years ago . Now that I am in default, I don’t want […]
Someone advised me that if I leave Canada there is nothing that a creditor can do to collect his loan while I am outside the country. Is this true? Am I committing any crime if I leave the country this way? Will I face problems when returning? (ie. get arrested at the airport , etc.)
I just declared bankruptcy last week. I am also awaiting a decision for CPP disability benefits. If I am approved and receive a retroactive payment during my discharge period, how is that to be handled? How much of it can I expect to have go to my trustee? Would the month I receive it in […]
I am in a position where I will most likely have to declare personal bankruptcy . If I am a (paper-only) partner in an incorporated company (ie, I have not put in any assets or derive any income but am listed in an incorporated family business), can creditors go after assets of the incorporated family […]
Our company went under, and I declared personal bankruptcy due to personal guarantees on the business. I failed to remit source deductions, and as a director before the personal bankruptcy (that also ended my directorship)., this made me personaly liable. The personal bankrupcy ended my obligation to CRA, as a director liability, according to some […]
Myself and my husband were both just discharged from bankruptcy in January 2006. The discharge was conditional upon us paying the estate money owing due to us both having excess income during the bankruptcy period. Our trustee called yesterday saying we’re both receiving income tax refunds. After paying the money we owe the estate, there’s […]
I owe a great deal of money to unsecured credit cards . I am receiving many phone calls, but very few letters. I told every agency about my circumstances and why I cannot pay . I answered at first for every collection agency. I am tired answering the phone calls .I just ignore them now. […]
