2008-11-18
Debts that survive a bankruptcy are outlined in Section 178 of the Bankruptcy & Insolvency Act. Whether or not your court costs are going to fall within this Section is going to depend on what the costs relate to. The costs that I can see being reviewed would be: -court fines. Are these costs applicable to some type of fine from the court? -is it any type of restitution order? -fraud or misappropriation of assets. Is there any reference to this in the judgment? But if they are simply costs resulting from a civil claim that you lost (a lawsuit for money owed), then yes…..they can be included in a bankruptcy. If you would like to contact me with the specifics of your court costs, I can be reached at the contact info below. Donna Carson, CGA, CIRP, Trustee Calgary, Airdrie, Drumheller regions 403.537.7657 or 1.877.500.0792 [email protected]
2025-04-25
Debt collection can be a daunting experience for many Canadians. Navigating the process alongside MNP’s team of experts can help you better understand how it will impact your credit score and gain the knowledge needed to maintain your financial health well into the future.
2025-04-25
Bankruptcy
Filing for Bankruptcy is a significant decision that can provide a fresh start for Canadians overwhelmed by debt. However, it’s essential to approach this process with caution and awareness to avoid common pitfalls and make informed decisions to protect your financial future.
2025-04-24
Filing a Consumer Proposal can feel overwhelming, but it’s not the end of your financial journey.
