Questions for Personal Bankruptcy in Alberta (Canada) only.
This service 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 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:
Moved to Ab one year ago for work . Have changed over all my ID , etc to Ab .( previously MB ) . Currently have a RRIF type investment , left from previous pension. Was locked in + protected in Mb ...but it appears as though it is not protected under AB . law ?? Can that be used to pay down debts? Or signed over to a TRUSTEE should I decide on the bankruptcy option ? would prefer to avoid bankruptcy , if at all possible . Investment value is about $40000 , while debt is around $60000 total . Working full time, but have health problems ...ongoing .
When someone files a consumer proposal with you do you also file the tax returns during the period of the proposal? I am wondering as I have a client that says that "GT did their taxes up to the date of the proposal so he only has to file about 6 weeks worth" of income through us. From what I can read it would appear that we would need to report his full 2013 income on his 2013 return... does this seem appropriate? or is there something that I am missing? Thanks
My ex common law partner and I filed for joint bankruptcy in 2005. We then split up in 2006. Without my consent or knowledge, he asked our trustee, the Alger office in Red Deer, to split our joint file into two separate files. He has since moved to BC and I only recently found out about this a couple of years ago. I have contacted your company a few times about this matter, as I would like to get this matter resolved in some way. Can I please have some sort of information as to what the status of my bankruptcy is, and if I can possibly get my file closed and sent to me so I can find another trustee locally? Thank you.
This is lenghty as it is I am sure an unusual situation. I am being sued civilly as an outfall from one of the now defunct ivestment company failures from back in mid-2000's. I stood as employee and feel theoutcome would be decided in my favour if it went to trial since I was not a directing mind, director, or have access to accounts or funds. The people responsible have been criminally charged and still I am the target of a civil action. The issue is that I have spent well over $25,000 to date by de-registering RRSP's, run credit cards and the like to fight this suit. I then work like crazy to reduce the debt load and then the plaintiff appears again after almost 2 years to continue the process. If I continue to fight I will ultimately be reduced to bankruptcy by the legal fees alone. I estimate an additional $40-50,000 coming which I simply do not have do not have. My question, how does bankruptcy or consumer proposal affect the suit process? Is it simply a stay of proceedings until released or is it a permanent outcome. Any thoughts you may have as to how best to proceed are appreciated.
Hi.... A couple is married and the husband passes away. the husband had $50,000 in credit card debt. The card was in his name. They have about $500,000 in equity in the house. Is the wife responsible to pay off the debt? thanks
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