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High Personal Income Tax Debtors and Bankruptcy
Author : stevewelker Tag : bankruptcy canada revenue agency court cra debt discharge income tax tax debt trustee
11.02.2015
Surprise, surprise: The Federal Government's laws make your life difficult if you don't pay them.  In this case, its s172.1 of the Bankruptcy and Insolvency Act. The majority of bankrupts never have to attend court, or appear before a judge, but this isn't the case f...
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407 Debt
Author : stevewelker
Tag : 407 bankruptcy Consumer Proposal debt denial discharge license plate proposal trustee
4.02.2015
407 debt is erased by either a bankruptcy or consumer proposal! If you have 407 debt be sure to tell your Licensed Insolvency Trustee so that the d...
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Information For Creditors On Bankruptcy and Consumer Proposals
Author : stevewelker
Tag : bankruptcy Consumer Proposal creditor forms information paperwork proposal Trustee in Bankruptcy
29.01.2015
Information For Creditors On Bankruptcy and Consumer Proposals Insolvency involves a lot of paperwork.  All of these forms and documents can become q...
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Transfer Under Value
Author : stevewelker
Tag : bankruptcy Consumer Proposal debt ownership title transfer under value trustee TUV
22.01.2015
Transfer Under Value A Transfer Under Value occurs when an individual exchanges an asset with another party for less than its true value. Examples i...
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Tax Organization System for the Self-Employed
Author : stevewelker
Tag : bankruptcy canada revenue agency Consumer Proposal cra debt hst income taxes self-employed tax debt tax organization system taxes
15.01.2015
Tax Organization System for the Self-Employed One of the main disadvantages of being self employed is the necessity to report and remit income taxes ...
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Can Employment Insurance (EI) Overpayments Be Erased?
Author : stevewelker
Tag : bankruptcy Consumer Proposal debt EI employment insurance government overpayment service canada
22.12.2014
An employment insurance ("EI") overpayment occurs when Service Canada believes that you received EI benefits that you were not entitled to. Are EI ...
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Tickets Are Not Discharged By Bankruptcy
Author : stevewelker
Tag : bankruptcy Consumer Proposal dischargeable offence parking tickets s178 traffic tickets
16.12.2014
Only a small number of debts are not discharged by a Consumer Proposal or Bankruptcy.  They're outlined in s178 of the Bankruptcy and Insolvency Act w...
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Can I get OSAP if I file for bankruptcy?
Author : stevewelker
Tag : bankruptcy Consumer Proposal debt eligibility OSAP student student loan
1.12.2014
When weighing your options to deal with your debt, its important to consider the implications of your potential decision.  Many debtors seek the ...
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What is a Stay of Proceedings?
Author : stevewelker
Tag : bankruptcy Consumer Proposal debt garnish stay of proceedings
25.11.2014
Stay of Proceedings When a "Stay of Proceedings" is in effect, creditors cannot "commence or continue any action, execution, or other proceedings, fo...
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