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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.

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Mr. I

I am a disabled person who may be filing for bankruptcy. I pay a lot of bills for medications and various other medical supplies. What will happen when I have to pay 50% or more into my bankruptcy?

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One Response to “Mr. I”

Barton Goth GCO Bankruptcy Trustees said...

While I cannot comment on this directly until I have seen the specifics of your situaiton, but there is a program known as the Bankruptcy Assistance Program that can provide a subsidized rate for the bankruptcy.

To be eligible for this you have to meet with two trustees who think your situation merits this program, although you will find that to meet the requirements of this program is very rare and many who feel they should qualify do not.