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Personal Bankruptcy

Personal Bankruptcy

Cost of bankruptcy, holding onto assets during bankruptcy, bankruptcy length, when payment is due, how much debt can you include, and more.

Assets

Will I lose my house or car if I file for Bankruptcy?

Cost and Payments

Is Bankruptcy free?

What does Bankruptcy cost?

In a bankruptcy, when is my first payment due?

Will I be asked to pay additional fees in a Bankruptcy?

How are Trustees paid?

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Length of Bankruptcy

What is the length of a bankruptcy?

What is "Surplus Income"? Does it affect the term of my Bankruptcy?

What if I can’t pay as required within a 9 - 36 month timeframe in a Bankruptcy?

Other

Am I better off to file for Bankruptcy or a consumer proposal?

Will my friends, family, employer, spouse, etc. know if I've filed for Bankruptcy?

Credit Cards

Can I keep a credit card in a bankruptcy situation?

Can I apply for a credit card when I am in an Bankruptcy process?

Taxes

Can debts owed to Canada Revenue Agency be included in a Bankruptcy filing?

Do I lose my tax refunds in a bankruptcy?

In a Bankruptcy, do I need to file my taxes?

Mortgages

Will my mortgage renewal be affected by a bankruptcy?

Will I qualify for a mortgage in the future if I file a bankruptcy?

Debts

What is the minimum amount of debt to include in a bankruptcy?

How much debt can be included in a Bankruptcy?

Can I include corporate debt in a personal bankruptcy?

Can I choose which debts to include?