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What I Keep or Lose in Bankruptcy in Canada: Answers to Questions

Most Recent ‘What I Keep or Lose in Bankruptcy in Canada’ Posts

Car ownership

If I gift my car (2009 Corolla-fully paid) to a friend or family member just before I claim Bankruptcy – will this be problematic? Posted from: Manitoba

What I keep or lose

Will someone be coming to my home to see what assets they can seize? Posted from: Ontario

Horse and dogs

I can`t find anywhere if my pets are affected by bankruptcy. I have 2 horses (one that was willed to me by a friend) and 3 dogs. All are like kids to me and I would never let anyone take them. I have read through the Ontario info and don`t see anywhere if they are […]

assets, student loans and bankruptcy.

Will the RESP`S that are set up for my daughters be affected? Are student loans taken care of by claiming bankruptcy? Thank-you Posted from: Ontario

Mr. Jones

Can you take your name off a shared land title as to not hurt the other people on title, before declaring bankruptcy? Posted from: Ontario

Corporation vs personal and divorce

My ex wife and I own a company together. She left s few years ago but still remains on the Corporation papers (she will not sign off). We had very poor bookkeeping and while settling our divorce the books showed a huge debt to the Government, banks, and some suppliers ($110,000) I have personally treid […]

will i have to give up my car?

hi there, i was thinking of bankrupcy although im not sure bc i took out a line of credit and am pretty sure my car (which has always been registered under my moms name) is used as collateral, but its not in my name can they take it? Posted from: Ontario

Landand bankruptcy in Alberta

Can I keep my land I purchased a few years ago and my savings bond if I decide to go bankrupt? Posted from: Alberta

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