can you keep any money
My Husband and I have to file joint bankruptcy at the end of nov we are a family of three and have about $2000 in the ban. Will they take all of this or will they leave a percentage of it to live on? Posted from: Ontario
What I Keep or Lose in Bankruptcy in Canada: Answers to Questions
Most Recent ‘What I Keep or Lose in Bankruptcy in Canada’ Posts
ccp benefits
will it be a surplus income if I received a lump sum during the 9 month period? Posted from: Ontario
is this considered an asset that can be taken?
If we own an atv that is worth less than 4000 can it be taken? our landlord advised us when we moved in that we need to maintain the acre lot in the summer and ensure that snow removal is done in the winter to front back and side doors…the driveway alone is 140 feet […]
vehicle
i relation to a vehicle, if we financed the vehicle for instance and the outstanding is 20,000. is the loan itself considered a secured loan or unsecured, because when we financed it we did not have to put anything up for collateral for it, they just increased the interest rate i guess. so would we […]
Will we lose everything?
Over the past year we have had numerous bad luck disasters… health problems for my husbend, loss of hours at work (which ruined my maternity leave), then loss of my husbends job (which bought in 90% of our funds, childs health problems along with myself, etc etc etc… within the past 6 months we have […]
I need to save Mom`s house
I am currently having financial difficulty and am considering bankruptcy. My question is: My elderly mother has put my name on her house for will purposes. It has been in her family for 2 generations. If I claim bankruptcy will they take my mom`s house? Posted from: British Columbia
how personal property value calculated
I buy my furniture, computer few years ago lot less value of same kind quality of furniture computer today and have bought designer clothing few years ago some many years ago lot less value of same kind today- tv , music system, fax machine, books, kitchen ware in which category comes in how their value […]
my home and car???
my husband and i had some money troubles and most likely will have to file for bankruptcy, i need to know if i will loose my car, that i need to get to work our my home, i am a bit behind on my morgage payment but they will be caught up soon Posted from: […]
House question
I am separated and reside in Quebec. I declared bankruptcy one year ago. I have a house in Ontario co-owned by my ex-wife. The house is mortgage free. The house is for sale and the trustee has it listed along with my ex-wife (to protect her interests). The real estate situation is terrible where the […]
Please help with Canadian law on seisure of home
My husband and i have been separated for 3 months, in our negotiations i received the home we lived in together, i have now found out he is filing for bankruptcy, business and personal. His name is no longer on title nor is he responsible for the mortgage payments. My question is this, can they […]