Episode 66
- A quick recap of Divorce, Bankruptcy and Family: 101
a. What are Bankruptcy & consumer proposals?
b. Circumstances: who, how and when
c. Roles of the various players:
i. Trustee
ii. Creditors
iii. Spouse
iv. CRA
v. other secured and others and priorities
d. Judges, the Family Court & the Bankruptcy Court
e. Conflicts: protecting third-party creditors and rights of spouses - Bankruptcy and the Effect on equalization
a. Exempt assets
b. Identifying the Types of claims & the claims that survive discharge
c. Assignment of claims
d. Judicial discretion
e. Bankruptcy before/after the date of separation
f. Effect of a discharge - Litigation Strategies & Practice Tips
a. Costs orders
i. lifting automatic stays
ii. collecting costs
iii. costs as support
b. Judicial discretion
c. Going after exempt assets
d. Characterizing obligations as support
e. Protecting your (lawyers’) account
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Show Notes
Family Law Now | Ep. 65: Bankruptcy & Breakdown of the Marriage 101
Saving the Golden Goose: Part I; How Family Run Businesses can Survive and Thrive after Divorce
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