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I have declared bankruptcy on a small business ( non incorporated ) approx. 3 months ago . I am about to come into some inheritance from a family member . Is that considered income that must be declared or would it be exempt ? Posted from: Ontario
I am frustrated. My kids were also putting their money in the RESP; Christmas and birthday money. Why do I have to give the RESP up in Bankruptcy? Posted from: Ontario
Can you please tell me how long after one files bankruptcy can they own assets without the risk of loosing them e.g. vehicle? Thanks! Posted from: Ontario
which is better if a person has 40,000.00 of unsecured debt, a personal bankruptcy, or a consumer proposal? which is the best way to go? Posted from: British Columbia
My wife and I are considering bankruptcy but want to know if I am a realtor so I need a car and she is a mortgage agent with 3 kids and one on the way do we have to give up our cars she has a van that is financed with about $7,000 and a […]
NOVA SCOTIA: My debt consellor told me to get rid of my car (year 2005, still owe 11,000), lease a car, then declare bankruptcy. This doesn`t seem right – wouldn`t I lose the leased car before the car i`m paying on now? Shouldn`t I keep the 2005 car? the bank would get more money having […]
If you are paying of computer and tv…..do you have to give them back??? Posted from: Newfoundland and Labrador
Hello, I saw two different answers regarding RSP. One says I will lose it if I file for bankruptcy, the other says I will not lose it if the contribution is made more than one year ago. Which one is correct? Thanks! Posted from: Quebec
Do they take your home when you file for bancruptcy? What exactly is equity. Is it the amount your home is worth? or is it the amount you have paid down? I have a $340,000 mortgage and I owe $340,000 on it. Can they take my home. Can they take my home if I just […]
I`m on provincial disability,I`ve had cancer but still unable to work I receive $1000 a month which does not cover my bills . I cashed in what little money I had for retirement. eventually I`ll have nothing do I have to wait until i have no money . I have about 5000 which with my […]
