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]
2025-06-19
With the school year beginning and thousands of Canadian students beginning a new semester of post-secondary studies, all those hard-earned dollars from summer gigs are now being applied to tuition, books, transportation, housing, and supplies.
2025-06-18
The cost of daily goods has been rising over the past few years — increasing the price of food, gas, clothing, and many other essential items that Canadians need in their day-to-day lives.
2025-06-16
Bankruptcy Alternatives to Bankruptcy
Let’s review what a Consumer Proposal is, as well as the pros and cons of filing a Proposal, to help you determine if it’s the right solution for your unique situation.
