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

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

Car

My ex and I have a car loan in both our names. If we are 1 or 2 payments behind and I alone claim bankruptcy or a consumer proposal will I lose the car? Posted from: Ontario

Good day. My spouse owes over $80K in unpaid credit card debt solely in his name and unpaid taxes from his company which I served as bookkeeper/office administrator and 49% share holder for the past year. We have been common-law for 9 years now, have an 8 year old child, and we have a mortgage […]

Easy Home

Are u able to keep furniture in a bankruptcy that is on a rent to own basis Posted from: Ontario

needs help

if i file for bankrupcy can i keep my house if it is going to be sold at a public auction Posted from: New Brunswick

personal bankruptch

Can a trailer owned in U.S. become part of your assets when filing personal bankruptcy here in Canada Posted from: Ontario

divorce settlement timing and whether the bankruptcy trustee claims it? the Licensed Insolvency Trustee?

I am to get a small divorce settlement from my husband based on my share of our small house equity (he will borrow to buy me out). I am also thinking of declaring bankruptcy because I owe a much bigger credit card debt. Will I be able to keep my small divorce settlement in any […]

bankruptcy

Is there a way to keep my house if I file for bankruptcy? Posted from: Ontario

family

If I file for bankruptcy and the house is in my husband’s name. How will that effect my family? Posted from: Ontario

analyst

If I own a piece of land “wood lot” and I file for bankruptcy, do I have to sell it or can I keep it. I don’t own nothing else, no house , and old car worth less than 4000. Tks Posted from: Quebec

Confused

When I filed Bankruptcy, my Trustee advised the fee would be $2000, paid at $100 per month. Since then my HST chq’s have went to the Trustee towards my $2000 fee. I have now been advised that my income tax refund in the amount of $1365.00 for 2012 will be taken by the trustee, however, […]

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