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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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general information

if somebody had a grocery store and that person owes some money to his supplier then in that case he has to pay his supplier or he is secured.

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One Response to “general information”

Barton Goth GCO Bankruptcy Trustees said...

I suppose it is possible that the supplier could have written up a security contact, but not likely. However, in the event of a bankruptcy there is a section that deals with suppliers who have delivered goods within the last 30 days. These 30 day goods claims are given special rights that other suppliers are not provided.