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 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 resopnsible for licencing all bankruptcy trustees in Canada.
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Recently posted questions and answers:
Hi, how cant I revoved my ex wife from a line of credit and the bank donâ€™t want to removed her and this was order by the court went we devorced which I was responsible to do...and yesturday got a registered letter from my ex wife lawyer to removed her from the line of credit or the will bring me back to court .. I donâ€™t have the money to paid that line of credit done know what to do...
My common law partner and I have split up. We have a mortgage together and he is declaring bankruptcy tomorrow. He tells me that his name will be removed from the mortgage title once the bankruptcy goes through. Is this correct? How will him declaring bankruptcy affect me? There is an outstanding balance on our property taxes of $1665.10. What will happen to that debt? I have no interest in declaring bankruptcy or foreclosing on the mortgage.
Hello i will give some history first,2 years ago or longer,I went bankrupt,I signed my house over to my ex. I got in debt to Canadain tire bank for $5200,Because i got sick just got on Aish in alberta.I cant afford to pay my debt at anytime now.Im getting threat of legal action against me and the house,can they put a lien on the house for a unsecured credit card ?
Hello I am at a very bad point. I am thinking of fiking for bankrupcy. I have missed car payments for a month and a bit. I am still young and just need some help in which way to go. The last thing I want is to file for bankrupcy but I feel it is my only option at this point.
So my ex husband went bankrupt. I received all the paper work from his bankrupt lawyer, It has been files in the courts. Now on the paper where our mortgage is...it says Contingent $=125,100.00 What does that mean? we are both on the mortgage, I want the land titles since I'm paying alone for over the past 3 years. Any thing I can do? He says to contact his bankrupt lawyer for the title? Why should I pay for the next 8 years and then have him take the house on me?
My daughter and son-in-law live in Alberta. He has an incorporated company. The business has no assets; he is a general laborer. He is the sole director of the business. Unfortunately a couple of years ago he was injured and found out then he didn't have the proper injury insurance. Consequently I had to help them financially for almost a year just to cover their expenses; mortgage, etc. They got behind with a credit card, bank loan and CRA. In Alberta, in order to get WCB (workers comp) he has to be incorporated. They have been told that if they go personally bankrupt he cannot be a director of his company which we think means he loses his WCB and can't get work. They have tried negotiating with the bank (CRA is no problem) but it seems they are pushing for them to go bankrupt to close the file. The monthly payments are more each time they go back and unrealistic. Any thoughts on this because they don't know what to do.
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