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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

vehicle

Will they take my vehicle if i only owe one more year on it? I also use it to make my business Posted from: British Columbia

Property in US

My wife and I own a mobile unit free and clear, joint ownership in the U.S. If I go bankrupt in Canada and not my wife, what are the implications? Posted from: Ontario

Ms.Jilted

I had already entered a common-law relationship with a man when I declared bankruptcy. do I have to declare his income on my monthly expenses form? Posted from: British Columbia

GIC in both my name and my childs name

I have 2 small children, and when they were born, my grandparents gave me $3000 for each of them to invest in a GIC for my childrens future. The certificates are in both my name and the children names, if I file for bankruptcy will I have to cash in my childrens GIC`s and give […]

Will i lose my refund if wife goes bankrupt etc?

Family consists of 2 adults, 3 kids with one on the way… My wife is debating to file for bankruptcy… Only source of income is my ODSP benifit, baby bonus, gst credit. Will any of this be taken? I know the trustee files for my wife.. but she has no income of her own… How […]

Wills

If I file for bankruptcy, what happens if I am left items from a person in their will when they die? Posted from: Alberta

Jewellery

If someone has no assets but owns jewellery valued at over $4000 (allowable value of household goods in BC), would this jewellery be seized in a bankruptcy? Posted from: British Columbia

wondering

what do you keep or lose during bankruptcy? Posted from: Ontario

tax refunds

hi my last year total income was above 40,000, will i get any tax refunds ? Posted from: British Columbia

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