Bankrupt and child tax
Monthly I receive $200 dollars for the child tax credit from the government I put this money towards RESP for my kids will I loose this benifit or their RESP s ???? Posted from: British Columbia
Q&A: Answers to Questions
Most Recent ‘Q&A’ Posts
Separation Question
My husband and I are separating and we will both need to claim bankruptcy. Should we make an appointment to see a trustee together, or do we need to make separate appointments? (All of our outstanding debts are in both of our names). Posted from: British Columbia
Left Credit In Limbo, What are my options
I initiated my bankruptcy in 2005-04, However I failed to make financial reports and pay the surplus. After failing to do so my trustee closed my file and sent me a letter saying it would cost me an extra $1000 to get discharged… This was a long time ago and I was young and stupid […]
Surplus income shortfall
I have been paying my trustee $482/mo for my bankruptcy proposal. This includes payment for surplus income. I worked overtime, but have not paid the surplus income on the overtime. What will happen with my bankruptcy if I cannot afford to pay the surplus income payment on the overtime on my last scheduled payment to […]
Anonomys
i am a single father of 1. Can i claim my 9 year old child as a 2 peson house and claim my childcare expenses at the same time? Posted from: Alberta
Bankruptcy and Financial Assistance
Is their a more economical way to claim for bankruptcy if you are having trouble getting off of welfare. I would like to start improving my credit direction and I am not able to find permanent employment. The bankruptcy fees are not affordable when living with financial assistance. Is their no way to start a […]
Might not have a choice!
My credit has been perfect since a previous bankruptcy in 1995. My history of bankrupcty shows 2 previous bankrucptcies back in the 80’s which is a very long story, some not completely correct and I have documentation. So technically if I go bankrupt again the registar would believe this would be my forth time. I […]
Previous Tax years
I lent money to my business and it went bankrupt. The loans give me a tax loss that I understand I can apply against income for the past three years and get a refund or apply against future income in the next 10 years. I am going bankrupt. Will the trustee make me use the […]
Credit Proof
My question is if I should claim bankrupt if I am credit proof. I am self employed and last years income was $7000. I expect to earn less this year. I have no assets and really no employment prospects. I can no longer pay my credit card bills, line of credit, mortgage or camper trailer […]
Sean Mitchell
What is the dollar amount to declare bankruptcy in Canada? Posted from: Ontario