Archive for April, 2007

Managing a senior parent’s debt

I’ve recently been dealing with my father’s multiple years of unpaid taxes. He is retired, only has his CPP to live off of, owns no property, and has alzheimer’s. The size of his debt to CRA is making me think he may need to declare bankruptcy since he doesn’t even have money now for his [...]

Posted on Saturday, April 21, 2007 | Filed under: Bankruptcy
 posted by Questions @ 5:54 pm 1 Comment
taxes

Are Canada Revenue Agencies interest and penalties cleared by filing for bankruptcy (this not a court penalty but a penalty set by CRA as a result of late-filing taxes and failure to pay as they are due?.

Posted on Tuesday, April 10, 2007 | Filed under: Bankruptcy
 posted by Questions @ 10:00 pm 1 Comment
Surplus Income

If I file for bankruptcy, will they take my spouse income into consideration?

Posted on Tuesday, April 3, 2007 | Filed under: Bankruptcy
 posted by Questions @ 1:08 pm 1 Comment