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Bankruptcy again

Can someone declare bankruptcy more than once?

Posted from: British Columbia

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One Response to “Bankruptcy again”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

Yes, it is possible to declare bankruptcy more than once. However, each successive bankruptcy becomes significantly more difficult. So you may want to consider the filing of a consumer proposal as it will help you deal with your debt while avoiding many of the downsides of a second bankruptcy.