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Bankruptcy Alberta

Archive for May, 2009

Personal Bankruptcy

I am in over my head. I have a lot of personal debt and fighting a tax bill ( personal with Rev Can) Its not looking good and if I have to pay ( not sure right now) it will be the straw that breaks my back and will have not choice but to seek some kind of bankruptcy… My question is I own part of a small business that loses money or barely makes anything it is incorporated will this bee affected if I go bankrupt? Or what ways can I keep that asset from being affected it will take many years for it to make money but I want to me sure it is okay. My income comes from a Job I work.

wondering about working during bankruptcy

I\’m wondering about working during bankruptcy…I currently work 20 hours a week, and make around 2400 a month doing this. Would I be able to file for bankruptcy just working half time? And would they take my wage into consideration? I make a lot, but can only get so many hours at my work….

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