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Bankruptcy Alberta

Archive for January, 2007

Acquiring student loans after bankruptcy

Hello, after bankruptcy, is it possible to obtain student loans? (My debt is all unsecured debt from divorce.)
Thanks in advance.

Citifinancial loan

I recently qualified for a loan through Citifinancial. When I was signing all the papers for the loan they had me make up a list of possessions that would be worth about what the loan was for (i.e. $10,000). I did as they required, but honestly the furnishings I listed aren’t any where near the full value of the loan if sold today as they’re used and a in a garage sale wouldn’t go for much. My question is if I declare bankruptcy in Alberta, what will happen? Will they take the items? What if my TV was listed but broke and now I have a new TV?

Bankruptcy

Can you refile for a another bankruptcywhile still under the 7 year probationary period?

Bankruptcy

Is there a certain length of time before a person can refile another bankruptcy?

Bankruptcy

When would the best time for someone to file a claim against a person who has filed bankruptcy and been discharged??

Bankruptcy

What happens if someone files a claim just after you are out of the 7 year probationary period?

RRSP Exemption

If I filed a bankruptcy in Alberta, What type of RRSP’s can I keep? If they are from my previous jobs pension plan would I be able to keep them? When I was laid off I was told that I had to put them into a locked-in account and they cannot be touched for another 5 years.

RRSP funds cashed in prior to bankrutpcy

I need clarification. I live in Alberta and recently cashed in an RRSP. I used these RRSP funds to buy a car as my other one died. Unfortunately some things have changed I now have to declare bankruptcy. Will this cause me any difficulties?

Bankrutcy oposition

I have heard that CRA often opposes a discharge if they are owed any money in a bankruptcy. Is this true? I need to file bankruptcy, I have about $45k in debt, of which CRA is owed about 2k. Do I need to be concerned?

Fraud

Hello, is it considered fraud if I receive money from my previous employer ($12,200.00) just before I file for bankruptcy in Canada and then use it to pay for a training course just before i file? Will i have to pay this money back? Will it cause me difficulties while I am in a bankruptcy?

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