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Are you considering bankruptcy in Edmonton Alberta?
Bankruptcy Edmonton provides free information about personal bankruptcy, explains bankruptcy alternatives available to residents of Edmonton Alberta, and describes services offered by our bankruptcy trustees team.

Below are the most recent questions in regards to Edmonton bankruptcy. You can too post an anonymous bankruptcy question to our blog, or send an email to our bankruptcy trustees in Edmonton.

Posted on Friday, May 9, 2008

Transfer of property into daughters name

Hello, I am an 80 yr old woman who gets a small pension. I have almost $30,000 in credit card debt. Roughtly 1 year ago I signed half of my home and property over to my daughter. Can my creditors put a lien on this property even though it is not in my name any more? Thx

Filed under: Bankruptcy
 posted by Questions @ 2:11 pm 1 Comment

Posted on Friday, May 9, 2008

Cashing in RESP`s prior to bankruptcy

I have two children and they each have an RESP that I have set up for them. I am going to have to claim bankruptcy, and wondered what would happen if if we close these RESP’s prior to filing bankruptcy can we still be liable to the trustee for that money?

Filed under: Bankruptcy
 posted by Questions @ 2:08 pm 1 Comment

Posted on Monday, May 5, 2008

taxes

Can i declare bancrupcy for unpaid income taxes

Filed under: Bankruptcy
 posted by Questions @ 3:57 pm 1 Comment

Posted on Friday, May 2, 2008

bankruptcy for disabled person with lots of debt

I became disabled a few years ago, and am currently unable to work. Because of the recent huge cost-of-living increases (rent, food, etc.), combined with the fact that the amount that I receive monthly from my disability insurance company NEVER increases (i.e. no cost-of-living increases ever), I have gone into debt. I owe the bank about $11,000 and Revenue Canada about $6,000. If I were able to return to work at my previous employment, this amount of debt would be trivial. However, I have no idea when (or if) I will be able to return to work. As such, I do not know how to deal with this debt. Should I be considering bankruptcy?

Filed under: Bankruptcy
 posted by Questions @ 7:49 pm 1 Comment

Posted on Thursday, May 1, 2008

Can i relocate after I file a bankruptcy?

I have to file for bankruptcy, and within a few months, I`m moving to a different province? (For work and to be closer to family for support) How will this affect me? Can I still move? I also have a 07` vechile, will I be able to keep it? I will be using it for work when I get there, and I have a son that I am parenting alone, I need this vechile, what are my chances of keeping it??? Please post a response….

Filed under: After Bankruptcy and Bankruptcy
 posted by Questions @ 7:32 pm 1 Comment

Posted on Wednesday, April 30, 2008

Non-exempt assets and bankruptcy

Hello, I have a bankruptcy question.
I own
1. 1982 tent trailer
2. 1986 ATV
The only reason I keep these things is for my kids. They like to take them on summer holidays and I don`t want to loose them. Is there any way for me to file a bnakruptcy and still keep these things?

Filed under: Bankruptcy
 posted by Questions @ 12:55 pm 1 Comment

Posted on Wednesday, April 30, 2008

Who is responsible for the credit card debt?

One of my creditors (Visa) is threatening to `take legal action`. The Visa is in my name, no one elses and has never been used by my husband. But the collector is telling me that it is my husbands responsiblity to take care of these debts as he his the primary bread winner. Is this true. Is he responsible for this debt.

Filed under: Bankruptcy
 posted by Questions @ 12:51 pm 1 Comment

Posted on Wednesday, April 30, 2008

Inheritance and bankruptcy

My spouse may have to file bankruptcy.
He has been expecting a small inheritance for a long time and there is no way of knowing when or if it is going to come. So here is my question, let us say he files bankruptcy and the inheritance is then happens, how will it be treated? Does it make a difference if it before the date he files a bankruptcy. What if he receives it after he is discharged, how will it be treated then?

Filed under: Bankruptcy
 posted by Questions @ 12:48 pm 1 Comment

Posted on Wednesday, April 30, 2008

Husband is broke and needs to file bankruptcy

my husband has a gambling problem. he is going to have to file bankruptcy. do i have to file just because he does? we have joint bills - such as the house, the car loan, the trailer loan, but everything else is in his name. Am I going to loose everything over stupid decisions made by my husband?

Filed under: Bankruptcy
 posted by Questions @ 12:44 pm 1 Comment

Posted on Wednesday, April 30, 2008

Traffic fines and Bankruptcy

Hello,
I have about $50,000 in unpaid trafic violations. I know I was very stupid when I was younger and have been paying for it ever since. My question is if I filed bankruptcy would these be erased?
thanks

Filed under: Bankruptcy
 posted by Questions @ 12:42 pm 1 Comment