Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

Mr Leung

If I choose to claim bankruptcy can I still maintain my bank account or do I lose access to this as well. Posted from: Ontario

Advance Payment

I have an advance from my contractor. I have not yet completed the work. If I file bankruptcy do I need to add this as a creditor or do I just complete my work? Thanks Posted from: British Columbia

I own half a house with my sister, it was willed to me from my grandmother, however in her will it states my father is to live in it till he dies or chooses to no longer live there. Can I still file for bankrupcy? And what happens to the house? Posted from: British Columbia

Ex-husband claimed bankruptcy

My ex husband claimed bankruptcy. Matrimonial home was still in both names. Do I not have to legally be served bankruptcy documents by my ex-husband because of this? Posted from: British Columbia

judgment

I have 2 judgments against me one from a bank unsecured of 45000 and the other a unsecured 9000. will they ever go away i have had them on my credit since 2008 what do i do at this point Posted from: Alberta

Common-law liabilites

My common law husband of 2 1/2 years who is a senior is considering filing for personal bankruptcy on debts incurred before we began living together. I am a widow with assets from my first marriage and recently was layed off and paid a severence . Does he have to claim any of my assets […]

senior citizen

General question: Revenue Canada has taken CPP for income taxes owing and now OAP has been applied for and they apparently can take this too. Question: If bankrupcy is declared can CPP and OAP be reinstated. There is little or no other income Thank you Posted from: British Columbia

Renters debt

I’m currently questioning filing or bankruptcy. But I have a question first. I owe to a house renters company could I put that with all my othe debts if I claim bankruptcy Posted from: Ontario

Emloyment

I am employed with a bank since 10 years. I want to file for personal bankruptcy, can the bank fire me? Posted from: Quebec

mr

Hello, my ex wife and I split up over a year ago. It has been finalized in june 2012 in a seperation agreement. She is now thinking of filing for bankruptcy after assuming her share of the debt. She states that the trustee advised her that due to my name being on statements from BMO […]

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