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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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royal bank

if i file bankruptsywhy do you say there would be a problem if our car loan is with royal bank?do they usually seize the vehicle?

Posted from: Ontario

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One Response to “royal bank”

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

When there is a vehicle and a bankruptcy Royal Bank will typically seize the vehicle, no questions asked. The other financing institutions don’t have this type of policy, but the Royal Bank does.