Questions for Canada Bankruptcy Trustee?

What bankruptcy questions should I ask my Canada bankruptcy trustee?

You will likely have a lot of bankruptcy questions to ask your Canada bankruptcy trustee.

We recommend that you write down as many questions as possible before you go to your first meeting with your trustee. This website can not only make you better informed, but give you ideas for questions that relate to your case. Your trustee’s website may also provide some useful information.

Most important
The most vital thing to learn about bankruptcy is: What are the rules? Be sure to get your trustee to explain the rules, even if they seem clear from your research.

Especially crucial is: What will I be required to do in my bankruptcy? Your trustee should clearly explain your duties.

Other popular questions
Some of the questions we hear most often are:

What does it cost to go bankrupt?
What will I lose if I go bankrupt?
What do I get to keep?
How would my bankruptcy affect my spouse?
Can my student loans be erased by a bankruptcy?

We suggest that you browse our Frequently Asked Questions for topics that will be important in your circumstances. Every person is unique, and your questions can make a big difference in helping the trustee to understand your situation.

Get all your questions answered
Be sure to write down your questions as you think of them. It’s hard to remember everything you want to ask while you are in your meeting.

Do not sign any bankruptcy paperwork until all of your questions have been answered, and you understand how the bankruptcy process will affect you.

At the end of the meeting, if you are not satisfied with the answers, it is your right to contact another trustee.

For a list of Canada bankruptcy trustees who provide free consultations, click here. We highly recommend reading the material on our website for ideas on bankruptcy questions to ask your Canada bankruptcy trustee!