What I Keep or Lose in Bankruptcy in Canada: Answers to Questions

Most Recent ‘What I Keep or Lose in Bankruptcy in Canada’ Posts

personal Bankruptcy

I own a small business that is incororated with other partners. I have a large personal debt I cant seem to crawl out of because the business is not making money. If I declare personal bankruptcy what happend to my company. Posted from: Alberta

What is included in allowable furniture?

Are beds included in the $4,000 of allowable furniture? I bought a new bed approximately 6 months ago. Posted from: Alberta

Senior Bankruptcy

My 80 year old, widowed Mother has somehow managed to owe Visa $15000. Since my Fathers passing 8 years ago. There is no way she will ever be able to pay this off in her lifetime! She would allow me power of attorney to keep her in line from this point on. She has no […]

UNSECURED CREDITOR SUES THIRD PARTY

My parents took over my car payments, because I could not afford to make them. With my credit cards I payed off MY CAR LOAN. If I claim bankruptcy 3 months later can the unsecured creditors sue my parents to get thier money back? My parents are the owners of the car. Posted from: British […]

What assets are considered exempt in Albeta?

my daughter owes money on credit cards, has a truck loan and holiday trailer loan will she lose the truck and trailer Posted from: Alberta

child support

can my childrens support money from my ex be taken off me, if i file for bancruptsy. also if i do not work or have assets, can i still file for bancruptsy. Posted from: Quebec

How does the garnishment of wages work?

My husband is considering filing bankruptcy however we are still unclear about the garnishing of wages. Strangely, our trustee did not advise us that this was a factor in claiming bankruptcy and I learned about it through this website. My husband has a fluctuating income since he does seasonal work normally and the income depends […]

Criminal Charges and Divorce

My friend`s husband has been found guilty of theft and will likely end up in prison. She is divorcing him but he wants a divorce without settling the assets. She wants to know what will happen to her share of the marital assets if a restitution judgment is entered against him, and what will then […]

how much monthly earnings can I keep

how much monthly earnings is a single guy allowed to keep each month to live on. and if i own a moble home can i keep it to live in Posted from: Ontario

Home

I am paying for a mobile home on 3 acre`s of land, will I lose my home if I choose to use your program. Posted from: Nova Scotia

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