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

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

Dual Citizen

By filing for personal bankruptsy in BC, would my assets outside Canada be vulnerable to the creditors’ debt settlemt demands? Posted from: British Columbia

Parent

I have a Registered Education Savings Plan for my children. Is this exempt? Posted from: New Brunswick

Ontario Works

Can I stay on Ontario Works (welfare) if I claim bankruptcy? Posted from: Ontario

Bank Accounts

Do Licensed Insolvency Trustees have easy access to a bankrupt’s financial activities, i.e., thru banks? Posted from: British Columbia

I own a trailer and a truck in the United States but I am thinking of going bankrupt in Canada because my credit card debt is out of control. The interest is more than I make each month. Will I have to give up my trailer and truck in the United States that I own […]

CPP and Company Pension Plan

If I declare Bankruptcy, will I loss the money that I am currently living on from my Company Pension Plan and my CPP. Posted from: Nova Scotia

Charlene

Hi We are presently in Consumer Proposal. Since then my husband has been laid off from work. Would like to enter bankrupcty as we cannot afford the proposal amount. Is this time (17 months) and money ($12,750) applied towards our bankruptcy. Thank you for your time. Regards CFG Posted from: British Columbia

Bankruptcy

If I go bankrupt and have no assets only a cell phone do I have to give up my cell phone? Posted from: Ontario

S. Withers

This site states that my GST refund does not have to be submitted to my Licensed Insolvency Trustee, yet they took 3 GST payments while I was bankrupt last yaer and now have been told me they will be taking my GST payments for this year too. Can I apply to get these payments back? […]

Need Help Now

Is it possible to delcare bankruptcy on one particular bill or do I have to delare all. I have one payment that’s too big and the balance never goes down. If I no longer had this payment, I could easily afford the other payments I do have. Posted from: Newfoundland and Labrador

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