2025-09-04
Will Bankruptcy Erase All Of My Debt?
Bankruptcy
The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.
2009-02-03
Your Trustee would be realizing on certain assets during your bankruptcy, defined as "Property of the Bankrupt." This property does not include any assets, which are determined to be exempt. And certain GST cheques are exempt, others are not. If they are exempt...you would receive them back. But if they are non-exempt or if you signed them over to your Trustee...you would not receive them back.
So, the question you need to find out is whether or not your GST cheques were exempt. I'm not able to answer that part for you without information about your bankruptcy. If you have your bankruptcy documents, you could contact one of our Trustees in your region. Otherwise, you should contact your Trustee directly to find out if these cheques were exempt or not.
2025-09-04
Bankruptcy
The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.
2025-09-02
Lifestyle Debt Debt Solutions
You already know the many benefits of skilled money management. The fact you’re reading this blog post says at least that much. Your challenge, like for most households, is how to navigate the seemingly infinite demands on your frustratingly finite income.
2025-09-02
Lifestyle Debt
Have fun on a budget with our guide to affordable activities in Atlantic Canada.