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Q&A: Answers to Questions

Most Recent ‘Q&A’ Posts

2nd time bankruptcy

Unfortunately I have to file bankruptcy. I successfully completed a proposal some years ago. Will this be considered my second bankruptcy? Thanks Posted from: Ontario

Bankruptcy record

I understand bankruptcy record stay in EquiFAX or Trans union for 7 year. Would this date be the Registrar Date or Discharge date Posted from: Ontario

income tax

I understand that trustee fills and files my return, pre and post to bankruptcy. Don’t I need to sign this return before it is filled? Since someone else is doing it for me. They told me they don’t even usually give a copy to the client. Posted from: British Columbia

bankruptcy

CMHC is after my father after he walked away from a condo, the eifference they are after is $40,000. is it possible to claim bankruptcy to wipe this clean or will this debt never go away? I know there are certain debts that you can not claim bankruptcy on Posted from: Alberta

Gambling and trading debt?

I have a considerable debt from misfortunate Forex investing and online poker gambling. Both are in the past, but can this fact somehow be critically viewed by the creditors? Posted from: British Columbia

after unemployment

My husband and I worked for the same company for 22 years before the business was sold and we became unemployed. It took over 2 years to find sustainable employment as we are both in our 50’s. We worked several part-time jobs at once and ended up owing about $1300 in income tax, which we […]

mr

My girlfriend filed for bankruptcy and in 5 month she will be able to start building her credit. I would like to know if shes working and getting cash on the side is that considered fraud since she claimed she doesnt work? thank you Posted from: Ontario

Bankruptcy

If I am paying child support and my child is also living with me part-time, is there a deduction off my surplus income also for the child living with me Posted from: Ontario

Mr Alain

I’m currently seperated and must sell my house travel trailer and maybe my car. I also have $20000 in credit card debts. Once everything is sold we will still have money owing on the house since we owe more than it is worth on the market and it is the same for the travel trailer […]

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