Questions / Answers
Find answers to common questions.
Bankruptcy relief
Am I discharged from all of my debts?
Am I entitled to have or open a bank account?
Can I declare bankruptcy for only some of my debt?
Can I declare bankruptcy if I am unemployed?
Can I filed bankrupt without losing my house or vehicle?
Can I keep one or more of my credit cards?
Can my creditors refuse my bankruptcy?
Can my RRSP or my pension plan be seized?
Can overpayments of the CERB be included in a bankruptcy?
Do I have to go bankrupt if my spouse goes bankrupt?
Does bankruptcy protect me from legal action or seizure?
For how many months am I in bankruptcy?
How bankruptcy affects my credit?
How to declare bankruptcy?
If I file for bankruptcy, what is the elusive property?
If my spouse is paying alimony and goes bankrupt, what happens to the alimony obligation?
Is there a minimum amount of debt required before I can declare bankruptcy?
On the other hand, if there are arrears in alimony payments, are these debts erased in bankruptcy?
What are the costs of a bankruptcy?
What happens if I used my credit cards just before declaring bankruptcy ?
What happens to my student loan if I go bankrupt?
What is surplus income?
What is the impact of bankruptcy on filing my tax return?
What property may I keep if I go bankrupt?
What will happen to my income tax refunds, and does the fact that I filed a Bankruptcy affect the filing of my personal tax returns?
Will I be allowed to operate my business?
Consumer proposal
Am I discharged from all of my debts if I file a consumer proposal?
Am I entitled to have or open a bank account?
Can a consumer proposal stop legal proceedings including the seizure of my property or the garnishment of my wages?
Can an overpayment of the CERB be included in a consumer proposal?
Can I file a proposal for certain debts only?
Can I keep a credit card if I file a consumer proposal?
Do ALL of my creditors have to agree with my proposal to be accepted?
How is my credit rating affected if I file a consumer proposal?
How to make a consumer proposal?
If I file a consumer proposal, will I be able to keep all of my assets?
If I owe my ex-spouse arrears in alimony payments, are these debts erased in consumer proposal?
If my spouse is paying alimony and goes on proposal, what happens to the alimony obligation?
What happens if I used my credit cards just before filing a bankruptcy?
What happens if I used my credit cards just before filing a proposal?
What happens to my student loan if I go proposal?
What is the impact of a consumer proposal on your spouse?
Will I be allowed to operate my business?