Alberta Bankruptcy Question & Answer Forum
Questions for Personal Bankruptcy in Alberta (Canada) only.
This Alberta Bankruptcy forum is not intended for individuals who are already in bankruptcy or who have filed a proposal. Note that if you are in bankruptcy you should contact your trustee. If you cannot resolve matters with your trustee, you might want to contact the Office of the Superintendent of Bankruptcy who are the federal regulators responsible for licencing all bankruptcy trustees in Canada.
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we bought an acreage last year for $60000.00. we have put a lot of blood sweat and tears into it. There is no house on this properrty (we live in town in a house we can't afford to sell.....we owe more than its worth). I believe the property is woth at least $100000.00 now. would we be able to sell it to a family member for what is owing just to get it off our debtload?
IF I HAVE A MORTGAGE OF 2300 A MONTH, I THINK ONLY HAVING TO STAY IN THE BUDGET OF 3971 WOULD BE ALMOST IMPOSSIBLE WITH THREE CHILDREN AND NORMAL EXPENSES. WHAT DO THEY SAY THE PERCENTAGE OF YOUR HOUSING EXPENSES BE. JUST WANT TO THANK YOU FOR HELPING ME UNDERSTAND THIS BEFORE GETTING INTO IT.
what are the legal powers of the trustee? can i choose not to divulge information? does the trustee have the power to search registry records or banking records?
this question is about privacy of information. my wife, we are separated but still legally married, does not want her info to appear on my application for bankruptcy. can i respect that, does the trustee have the powers to get that information?
i owe the government 22 grand in back taxes from three years ago. i was fined and penalized heavily cause i never filed, the majority of this is penalties and interest. i cant afford this bill as i am no longer self employed and have the same job. what should i do?
I am the owner of a company that is incorporated. I have company debt would really like to close up shop. What can I do? Does this affect me personally?
we are married. 8 months ago due to civil suits i transferred title of our home for no real value to my wife. 3 months ago we moved homes, i was never on title for the new home. if i declare bankruptcy is my wife's home in risk of seizure?
We are married and live together. i owe 185000$ in unsecured debt, cc, promisary notes, rc, and 2 civil suits. she owns the home and mortgage, pays all expenses, takes care of the 2 kids. i changed carreers recently due to health issues and make quite less, and am considering bankruptcy, will our home be an asset that is at risk of foreclosure?
I am considering bankruptcy. I have about 150000$ in unsecured debt that i racked up in a failed business venture. I am still married but separated for a few months. My ex owns her home on title and mortgage. She is affraid because we are still legally married that her house will be reposessed. Should she be worried. Does the fact that we were together during the failed business matter?
I understand that Alger gives a free consultation, after that how much does it cost to go bankrupt and when is it paid?
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