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Bankruptcy Vancouver site provides free information about personal bankruptcy in Vancouver and alternatives to bankruptcy available to residents of Vancouver and the surrounding areas of British Columbia.

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The sponsor of www.bankruptcy-vancouver.com is Sands & Associates, a bankruptcy trustee in Vancouver licensed by the federal government of Canada to provide personal bankruptcy and consumer proposal services to residents of the area.


Recent Questions from Bankruptcy Vancouver Blog

Posted on Monday, October 27, 2008

personal and business bankruptcy

Question: If i have debt that is both personal and from my own business do i file bankruptcy separately? or can it all be filed together?

Answer: If you have a corporation, the corporation's debts can only be discharged if the corporation files bankruptcy. You would be able to personally file bankruptcy on any debts in your name, or corporate debts that you have personally guaranteed. A Vancouver bankruptcy trustee can provide you with more information.

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Posted on Sunday, August 10, 2008

Tax Debts and Credit Cards

Question: I have 30,000 credit card debt and haven't filed taxes in 15 years. i have worked for cash, straight check,and under a company in my own name,for which i have no records . haven't worked for months and need to resolve this situation. where do i start?

Answer: If you truly want a fresh start, you should start by filing your missing tax returns, which you may only be able to do by estimating your income for the missing years. Once the returns are filed, if you owe a significant amount of money, a bankruptcy would be an option, although until the numbers and your job status are known, it is not possible the determine the correct course of action.

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