Regina Saskatchewan Personal Bankruptcy Blog

Bankruptcy in Canada

2010-02-23T20:00:00.000-06:00

Question: I currently live in Regina, Saskatchewan, but I will be moving to another province in Canada in the next few months. Where should I file bankruptcy?

Answer: You would generally file bankruptcy where you live, or where most of your debts were incurred. If you have credit cards and other debts, your bankruptcy can be filed anywhere you are living. The rules for bankruptcy Canada are the same throughout the country, with some minor exceptions, so the place you file bankruptcy will depend on where you are living at the time you file.

Should I go Bankrupt in Regina if I am Unemployed?

2009-01-24T09:37:00.003-06:00

Question: Should I go bankrupt in Regina, Saskatchewan now while I am unemployed, or should I wait until I am working?

Answer: The answer depends on your objectives. The purpose of personal bankruptcy in Canada for most people is to discharge their debts, but also to prevent the people they owe money to from garnisheeing their wages.

If you are not working, you have no wages to garnishee, so it may not be necessary to file bankruptcy until you return to work. However, if you want to start the bankruptcy process now, it is possible to do so even though you are not working, which may help you get a fresh start.

what does it cost to go bankrupt

2006-12-07T08:34:00.000-06:00

the cost of the bankruptcy in Regina is dependent upon family size, income and assets. Please contact us for more information.

farm land transfer (sale)

2006-12-07T08:28:00.000-06:00

Recently My father sold his Farmland to me at below market price.And now as a result of bad luck & recent a car accident. His back is against the wall & considing bankruptcy..
how much time is required to pass before this land transfer will not be under the scrutiny of his creditors...

Forced to pay ex-spouse's debts?

2006-07-06T14:05:00.000-06:00

Does this sound like you?
Debra Coulter has been divorced for two years and has custody of her children. Her husband does not pay child support but Debra is managing to scrape by with her monthly income. The only problem is that now she is receiving notices in the mail about the money he owes. She knows she cannot afford to pay his bills on top of hers, what can she do?

What can you do?
Whether or not you are responsible for your ex-spouse's debt will depend on whether you signed or co-signed any of the debts. If you have signed the debts, you have guaranteed that outstanding balances will be paid in full. However, if you have not signed any of the debts you cannot be held responsible. If you do not believe you are responsible, either forward your ex's mail onto them, or simply write "return to sender" on the envelope. For further assistance with your situation, click here.