This is what I found. My husband and I had a business that failed. We closed the business and filed bankruptcy. People in our small town, treated us as if we had almost swindled people out of money. It was horrible. People judged us. I would think that a city would be different, but in a small town, people believed what rumours they heard. After three months of bankruptcy, we moved from Ontario to BC. For a fresh start. Life is better now, and we can certainly live without so called friends that turned their backs on us. We soon found out who was a true friend. Very simular to a divorce. (I went through one of those over 12 years ago). People in the streets would say stuff, and think that I couldn't hear them. One woman at the deli counter left her meat and turned and walked away from my husband. (Like he was a child killer or something). There was one man in town that lied and said that our business owed him $14,000 when it didn't. He spread rumours about my husband and I and the reasons for our business failing. We will never return to that small town or area of Ontario again. Thank God, that both my husband and I had good educations and skills to get good jobs and be able to move. I'm not sure if I could have emotionally handled another week in that horrible town. Part of the problem, I believe is that I grew up there, in a well to do family and a beautiful home. Even though my family home was sold and my father had passed away, and my Mother in a condo, people commented that my other family should bail me out instead of going bankrupt. They felt that because my sisters and my Mother were well off, that I should have gone to family for money and not close my business. One person even said that I should have sold some of my family possessions like old antiques that my father had given my son. The value really isn't that high, but you can't explain that to ignorant people. - Advice in one word.... MOVE!

Hi Drahcir,

I have recently (last 2 months) filed for bankruptcy....i was terrified at first, but a huge relief not to have creditors calling....it is a huge step to take, and i took it - it really hurt to lose my income tax refund (biggest refund i have had!!), but, it is one of the consequences i guess...

I have to say that I have had one credit counselling appointment, and so far so good....my trustee is very helpful to me, and I think the 7 months left in the bankruptcy period will go smoothly for me....for you too...

You will feel a great sense of relief when you start....not sure how i will feel when i end, but i think i did the right thing ....just have to rebuild my credit after the bankruptcy is finished...

Hope i helped you a little....GOOD LUCK!!!

This is likely late to post to Kevin, but I just joined this forum. My advise is just be honest, do what they ask and things will go smoothly. If you don't it will be a hassle. It isn't always pleasant, but get it over with as quickly as can and get on with your life. We are presently in bankruptcy, discharged next month, and things have gone well. Why? We told them them the good, the bad and the ugly!

Chum, I am so sorry for what you went through, small towns are the worst for crap like that.  I am happy for you that you were able to move and get away, we are in the process of doing that right now, our movers are coming on Monday, who can afford a move when you have just gone bankrupt??  In a situation like this who can afford not to!  Our kids are also being harassed.