Personal Bankruptcy Forum


Questions and answers in this forum are for personal bankruptcy in Alberta only.

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I was wondering if I can get a copy of documents that will explain which assets I can keep, or what value? Please let me know if you can provide me with such a information.
answer provided by Bruce Alger (Dec 14/98)
I need my computer to work both for my personal company and the company that I am employed by. Can they demand the return or sale of my computer?
answer provided by Val Norrish (Dec 8/98)
I took a company package in 97 and my pension plan was transferred into a LIF mutual fund. Is this money creditor proof?
answer provided by Val Norrish (Dec 8/98)
I work for a company and also have my own registered company. If I declare bankruptcy do I have to close down my company?
answer provided by Val Norrish (Dec 8/98)
Can a mortgage and home be kept by the owner who has declared bankruptcy?
answer provided by Bruce Alger (Dec 7/98)
My wife and I own a hotel in which we also have a manager's suite. The hotel is registered under our company which is heading for bankruptcy. Will a foreclosure by a bank or declaring the company bankrupt affect us personally and if so how do we protect our personal assets as we can't afford any other place to stay?
answer provided by Bruce Alger (Nov 25/98)
Could you tell me what happens if a person files a claim on someone who is a discharged bankrupt after the discharge? The reason this person was not included was because he didn't want to be and was forgiving the debt verbally. What is that person entitled to?
answer provided by Bruce Alger (Nov 16/98)
Does declaring bankruptcy take care of N.S.F. cheques?
answer provided by Bruce Alger (Nov 16/98)
Could you please tell me when a bank is allowed to contact someone after they have declared, in order to ascertain their intentions concerning a vehicle that was used as partial security for a loan which is part of the bankruptcy?
answer provided by Bruce Alger (Nov 16/98)
If you are filing bankruptcy and want to take the assets you have, let's say $20,000 and give it to your mother to hold in your account - would this be illegal?
answer provided by Bruce Alger (Oct. 28/98)
Will bankruptcy help my mother get out of a signed agreement which has put her into debt?
answer provided by Bruce Alger (Oct. 19/98)
How much money are you allowed to make per month during bankruptcy?
answer provided by Bruce Alger (Oct. 3/98)


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