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

bankruptcy

can a person declare bankruptcy more than once?

Posted from: British Columbia

Share this post:

X (Twitter) Facebook Pinterest LinkedIn Email

One Response to “bankruptcy”

A licensed trustee said...

Yes, you may file bankruptcy more than once, BUT each successive time it runs longer and you are subject to a higher degree of scrutiny by the Court. The first time you file everyone assumes that something went wrong with your life. The second time the Courts assumes you should have know better and prepared for the problem. The third time can be quite unpleasant and very long.

You should consider whether or not you have the ability to file a proposal to creditors instead of a second bankruptcy. It will cost you more in the long run, but it avoids the Court process. You’ll likely feel better about repaying part of the debt too.