Unsettled estate and bankruptcy
If I am expecting money from an estate that hasn`t been settled (the person died over a year ago), and I now declare bankruptcy, will I lose that money? Posted from: British Columbia
What I Keep or Lose in Bankruptcy in Canada: Answers to Questions
Most Recent ‘What I Keep or Lose in Bankruptcy in Canada’ Posts
is a consumer proposal or bankruptcy
if i am the sole director of a franchise in that there is no personal stuff used as security but i am personally poor from unsecured credit cards $250000 does the franchise become part of the personall bankruptcy or does the franchise stand on its own.could i go personally bankrupt and keep the franchise or […]
Death + Bankruptcy
I did my mom`s finances recently after my dad`s death. Between her and the joint accounts between them, she now would have about $53000 in debt, a minimum payment of just a touch over $1500 a month on a $1100/month income. This doesn`t include bills and such. The house was between me and my dad, […]
Filing Bankruptcy,
I am going to be filing for bankruptcy early next month. I realize you lose everything that is worth something. ex: RRSP`s inheritance, vehicles that are worth more then $5000.00 etc… My question is, when you declair bankruptcy, what is it you lose during your bankrupcty…. I think I understand I will not receive GST […]
pension transfers
After being laid off from an auto assembly job, I transferred pension moneys from the company`s plan to a locked in money market fund at an insurance company. I was told that the money was locked until I turned 55 or under a hardship claim I could take out a portion of this pension money. […]
gwn
While I am undischarged, if my spouse passes away is the life insurance, to which I am sole beneficiary, subject to dispursement by the trustee? Posted from: Ontario
morgage into bankruptcy
i do NOT want to keep my home. It IS the problem of my debt. how do i include my home (it has no equity) into my bankruptcy. Or how do i get out of my morgage??? Posted from: British Columbia
other family member possessions
What happens to a house and contents when I file for bankruptcy and the house is in my wife`s name. Are my childrens possessions (ages 20 and21 and living at home or in university) taken? What about my wife`s dishes, paintings or jewellery? Posted from: Nova Scotia
inheritance seizures
my husband is receiving a small inheritance by way of mineral rights If he declares bankruptcy how long can this money be taken from him. Currently it is a very small amount shared equally with his sister via the will. Are the creditors made aware of the sources of income of the bankrupt? Posted from: […]
lease
i currently lease a vehicle and it doesn`t run out till march, 2011. if i claim bankruptcy, will i be able to keep the vehicle as i claim? thank you. Posted from: Saskatchewan