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If my limited company has debt that it cannot pay, are the shareholders liable for the debt if we declared bankruptcy, and could the company continue to exist as an inactive corporation because it has a bad debt that it hopes to recover some day?
Would a seizure order by CRA be cancelled, when someone file for bankruptcy?
Are court fees, taxes and small claims judgements covered by bankruptcy?
I filed six years ago and did not finish. In 2012, I received a letter from trustee saying they were discharged from my bankruptcy? What should I do now?
CRA told my trustee they would contest. I’ve been making $5000/month til now only $4200/month. We are 4. My wife got a temporary contract job at 1000 per month. The cost of living we find to be so much higher than guidelines. Paying $275 biweekly to trustee. I mentally can’t imagine not being approved in […]
If I have filed for Bankruptcy and it hasn’t been finalized yet and due to my lost job I may need to file again, which is better – to file before the original has been completed ( due to payments and final confirmations, it has been 2 and half years now ) or do I […]
My husband and I were a couple of years into a consumer proposal when we lost our home due to foreclosure. We then filed for bankruptcy, went through the counselling classes but we’re unable to keep up with the payments that were set out as they were over $1000 per month. The trustee discharged us […]
Hi! I filed for bankruptcy several years ago, but never went through with it due to personal reasons. I just want to know what I can do to resolve this issue. I also haven’t done my taxes since then, and I want to file them. If you can give me any suggestions of what steps […]
We filed in 2004. However, we were not discharged, and we are interested in getting it cleared up now and wondered if we can pay the creditors to get discharged or if we have to re-file the bankruptcy and go through the process
Can a garnishment order be served upon a Trustee who holds the funds of a bankrupt for their Principal Residence Exemption by a Judgment Creditor who the bankrupt owes money from a court judgement?
