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:
A bankrupt is protected from their creditors garnishing their wages while they are in bankruptcy. If the trustee closes the file and the bankrupt remains an "undischarged" bankrupt is there any other way that they can be protected from their creditors?
If a trustee has closed a bankruptcy file because his client hasn't met his obligations how much does it cost the undischarged bankrupt to reopen his file? Does this have to be done through the court?
Do you have any experience with Section 160 of the Income Tax Act. Is it something you can request from the government to pay outstanding taxes that are owed? What are the exceptions to it, do you have to prove that the property was transferred ie have all the documentation
I have a vehicle thats worth $5000, and I rent my home, I have a holiday trailer thats worth $5000, and a boat thats worth $8000, Well I be required to sell the trailer and boat? Can I sell them to a friend for nothing?
hi I filed in 08 and my life situation had me kinda forget about everything and have moved way and never finished my program I am now dealing with it but have a question im not sure how to bring this up or deal with, with my trustee on tis I was in a accident a yr ago and was awarded money for my pain and suffering with that and borrowed money from family that I pay back to them, an cause I was never discharged and couldn't financed the rest of the cost I purchased a newer truck as I need one for my employment what im asking is will I lose my truck cause im not discharged yet? any thoughts would be great
Hi I filed for bankruptcy in spring 2013 for the first time. My term is done but I'm am still paying off surplus income. 600 per month. I'm am finding it hard to make ends meet as I also pay child support for 2 boys. I'm supposed to pay off around 15000 in surplus income. I do think all my creditors r paid off. Where does this money go. Also what happens if I stop paying. I feel like this is never going to end and I'm wondering if there is any other way out. I'd rather pay a lawyer to fight paying this. Let me know if u can help. My current payments are going to Myers Norris penny in Edmonton.
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