Questions for Personal Bankruptcy in Alberta (Canada) only.
This service is not intended for indivduals who are already in bankruptcy or who have filed a proposal. Note that if you are in bankruptcy you should contact your Licensed Insolvency 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 in Canada.
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Recently posted questions and answers:
About seven or eight years ago, my now ex-husband and I started a joint bankruptcy account with your company. About a year later, we split up, and he had our joint account split into two separate ones without seeking my approval or even telling me. Since then, your company has moved out of the Red Deer area, and I am unable to travel to Calgary or Edmonton to seek a resolution to this issue. I would like to have my case either closed or be allowed to work with a different company here in Red Deer. Thank you for your time. I will expect an email response as soon as possible.
Hello, I have 2 questions. If I were to file bankruptcy would I loose my house (negative equity at this point)? Would I loose my car (no liens; value 12,000.00)? My debt load apart from the house mortgage is $40,000.00
I own a house that has gone down in value due to gutting basement from sewer back up in High River. I owe 288 on it and value is less. I also am 45,000 in debt, but expecting a payout from insurance for basement damage, maybe 50 to 60 grand. I also gambled and withdrew funds from my bank accounts in the last two years. If I go bankrupt, and then foreclose, what happens> Or if foreclose first, then bankruptcy?
i owed 6500. in as of jan 1.2013 imade payments of 1000x2 and one of 2000 by june of 2013. they then filled a garnshi on may bank acount and took all money with not even a phone call the remaing 2500 can larger payments be made and miss a few months
My common-law husband has a large CRA debt (around 50,000). They have frozen his bank account for 2 years now. Can he claim bankruptcy? My credit is great, and I want to buy a home in the next 5 years. If I buy a home in my name, since we live together, could they seize the home?
I have been in bankruptcy and have been discharged in Dec 2012. My father passed away in April 2013. I will probably get some money(20-25K) from my dad's property that is being sold. Will Receiver General take anything from this money? Thanks,
I understand that in Canada a bankrupt person cannot be the director of a corporation. Does this same rule apply if the bankrupt is a US Citizen and filed bankruptcy in the US? Must he resign as director of the Canadian corporation?
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