FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

"*" indicates required fields

Comments

This field is for validation purposes and should be left unchanged.

Name*

Phone Number*

Email*

This field is hidden when viewing the form

What's the best time to contact you?*

Location*

What city do you live in?*

Total Unsecured Debt*

*Unsecured debt includes credit cards, lines of credit, bank overdrafts, payday loans, and unsecured personal loans (excluding student loans). It does not include mortgages and car loans.

This field is hidden when viewing the form

Source

How can we help you?

If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

Agreement*

I understand that Bankruptcy-Canada.ca does not provide debt relief services directly and agree to securely share this information with a local Licensed Insolvency Trustee (LIT) for a free, confidential consultation.

Select Trustee By Province

credit card U.S

my husband is about to declare bankruptcy in canada..we live in the states…..however our credit card of which we only have one….is a US card…we have all our money in the bank here in the us…..will the us bank take whats in our account and put it toward what we owe on the card….could I close the account and open another one and deposit the money in my own account…I really need some help here

Share this post:

X (Twitter) Facebook Pinterest LinkedIn Email

One Response to “credit card U.S”

A licensed trustee said...

Canadian law requires your trustee to list all of your debts, including your US credit card, so it is possible the issuing bank may take some action against your accounts. We generally advise people to change their bank accounts BEFORE they file to ensure that there won’t be any “problems” like the one you envision.

In case your trustee hasn’t told you so already, Canadian law requires you to surrender all of your credit cards, including your US cards, when you file. If you owe any money on the US card it is an offence under Canadian law to pay it off while you are under bankruptcy protection.

You might want to discuss all of this again with your trustee before you sign any papers…