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

What if

What if you have no assetts to offer? We do not own anything – how does that work?

Posted from: Saskatchewan

Share this post:

X (Twitter) Facebook Pinterest LinkedIn Email

One Response to “What if”

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

If you have no assets, then no assets are lost in a bankruptcy and likely the creditors will get no recovery. So all you do is make your necessary payments in a bankruptcy and the creditors will then write the debt off as a result of the bankruptcy.