I filed bankruptcy and was not discharged due to money I still owed and was unable to pay the amount they wanted per month, the trustee closed my file cause the amount was court ordered and would not take smaller payments. What do I do now?

If i owe the government money and have assets such as a car and it is worth the amount that i owe to the government , are they able to take that from me??

You’re a good, honest person. You know you should pay your debts. You want to pay your debts. But you can’t.

Would my employer find out if I file for bankruptcy?

Would you please explain "net income" - What if we have deductions as in CPP, Medical Insurance, and Super Anuations - Would we have to include that to our net income? Thanking you. Just very concerned before making a committment.

The ability to keep your house when filing for bankruptcy depends on several factors.

Will I lose my home if I file bankruptcy?

Bankruptcies and consumer proposals are government legislated options that may assist you in addressing your debt problems. In either proceeding, the bankruptcy or consumer proposal is filed with the Office of the Superintendent of Bankruptcy (OSB) and is a matter of public record.

The answer is no. A Government-Licensed Trustee will be there to help you through the process.

​Of course, this is a trick question… Everyone needs an emergency fund.