Judgement`s get discharged by filing bankruptcy in Canada
May 11th, 2009 by Questions
I have a personal guarentee on a business loan. The business has now failed and the banks are most likely going to get a judgement against me for the amount owing. If I declare bankrupcy, does this judgement get cleared? The amount of the judgement would be approx. $700,000.
Posted from: British Columbia
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)