Home equity
I can only guess what my house is worth. Would that be sufficient for the trustee or would I need to get my house appraised? Posted from: Alberta
What I Keep or Lose in Bankruptcy in Canada: Answers to Questions
Most Recent ‘What I Keep or Lose in Bankruptcy in Canada’ Posts
Who comes at home to verify the list of asset
What is the process of verifying the list of household asset I declare at bankruptcy? Does some one comes to house to verify the list and value? Is it the trustee who appoints such person or is it someone else who appoints such person? Posted from: Ontario
Can I keep my car
I am planning to go for a bankruptcy. I bought a used car four months before for 3,500. I am unemployed. Can I keep the car if I file bankruptcy? Is it like I can only keep a car if I am using that one for going to work? Posted from: Ontario
What do we keep
My husband will be forced to file bankruptcy for his business. Since he is the only Director for his co. the Gov`t advised they will go after him personally, also. He owns a farm which is in both his and his brothers name. Our house is in my name, but transferred last year, to mine. […]
RRSP question
if i choose banhruptcy , will I still keep my rrsp`s ? Posted from: Ontario
Property out of province
I am contemplating bankruptcy due to lose of employment. Qestion: I and my wife, have property in another province, there is nothing owing on the land. Will this property be involved in the bankruptcy? Posted from: Ontario
Keeping a motorcycle
I have a motorcycle as my only vehicle. It was purchased through financing in 2006 with my mother as the co-signer. Will I be able to keep this as long as I continue to make my payments? Will my mother find out I have filed for bankruptcy? Posted from: Ontario
Is there a way to stop my mortgage co-signer from assuming the property title
My husband and brother are both on title and mortgage of our home. We were told that if there was no equity in the home and we kept up the payments that bank would probably let us keep it. Based on the appraisal the trustee said they would not be selling the home because there […]
assets kept in United states
If I have a Recreational Vehicle which is in storage in Florida because of a serious mechanical breakdown which I do not have the money to fix,does it have to be turned over and do I get to remove personal belongings which are still stored in it? The vehicle is registered in Canada,and carries insurance. […]
2 vehicles required for work purposes
I have a car and truck that i use for work purposes. The car was appraised at $500 and truck at $1000. I use the car regularly to save on gas. But require the truck in the winter months to access areas which i cannot get with my car . How would this work if […]