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Bankruptcy in Ontario

Questions re: leased car and employer

January 28th, 2007

I’ve read through most of the information on your website, but there’s one thing I am not clear on. My car is leased (4-year lease will come to an end May 2008). If I declare bankruptcy in Ontario, will I automatically lose the car? One of the mandatory requirements of my job is the use of a reliable vehicle.

Also, if I declare backruptcy, will my employer have to know? (I guess they would know if I lost my car, but assuming I could keep the car, would they find out about the bankruptcy?)

Thank you.

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RRSP assets and bankruptcy in Ontario

January 25th, 2007

Are locked-in RRSP funds considered an exempt asset or will they be seized if I file for personal bankruptcy in Ontario?

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bankruptcy and alimony

January 23rd, 2007

if i declare bankruptcy in Ontario and my only source of income is my alimony can they come after me and garnish my income to pay off the debts from my alimony?

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Revenue Canada and Bankruptcy

January 11th, 2007

Is taxes owed to Revenue Canada be included in a bankruptcy?

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car and bankruptcy in Ontario

January 10th, 2007

My car worth less than $ 5000 and only way to go to work. can i keep my car if go bankrupt

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Bankruptcy and Privacy

January 7th, 2007

How private is filing for bankruptcy? Is this a public record? Who can access it? Is your name published anywhere? Thank you.

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Bankruptcy and School

December 20th, 2006

Is it possible to go back to school (university) while in bankruptcy ?

Also, would declaring Bankruptcy make it difficult to receive a student loan?

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filing bankruptcy outside canada

December 20th, 2006

Is it possible to file bankruptcy under the canadian regulations and laws if I moved to the states? and what happens to the informative sessions that I should attend after filing bankruptcy?
And if my wife decide to stay (going bankrupt too because of a house mortgage issue)what would happen to her.

Thank you

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Asset Transfer Before Bankruptcy

December 14th, 2006

whats the time frame once a party transfer any asset out of there name before they can claim bankruptcy in Ontario? Is there a statue of limitiations?

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Bankruptcy in Ontario and Liens

December 6th, 2006

What happens to liens placed against property when bankruptcy in Ontario is declared

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