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Bankruptcy Alberta

Archive for January, 2007

bankruptcy eligibility

My mother was travelling in the US when she got ill. For whatever reason her insurance would not cover her. She is 72 years old, doesn?t own any assets. Is she eligible to claim bankruptcy?

workers comp.

I have heard that if I file for bankruptcy in Canada and later receive back pay from workers compensation that this money would not be touched by the trustee or creditors. Is this true?

vacation club

We have a membership to a vacation club (not a timeshre) that is supposedly tranferable (sellable). We have large numbers of airline points. What is the status of these in a consumer proposal?

retaining assets

Under a consumer proposal are there any assets that can be retained for example jewellry, coins, silver?

consumer proposal

In filing a consumer proposal can I keep my vehicles? One has a loan secured against if for most of its value the other is a leased vehicle with no equity.

Subsequent Bankruptcy

Is there a time frame that I have to wait before re filing for bankruptcy.

Post Bankruptcy

Once my bankruptcy is over and a claim is filed against me can I claim bankrutcy again and include this?

credit rating minus bankruptcy

If I have been slow to pay my creditors because I was thinking about claiming for bankruptcy and decide now to not claim bankrupsty, will my credit rating still be shot?

Monthly payments

Wha happens if I file a consumer proposal or a bankruptcy and have troubles paying my monthly payments to the trustee?

Co-bankruptcy

If my husband and I both declare bankruptcy, do we both get the exemptions (ie: one car each)?

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