Changes to Bankruptcy Laws
You mentioned that some changes to bankruptcy laws are coming in September. What are those changes and would it be beneficial to file now or wait until these changes come into effect?
Posted from: Ontario
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You mentioned that some changes to bankruptcy laws are coming in September. What are those changes and would it be beneficial to file now or wait until these changes come into effect?
Posted from: Ontario

You are correct that the changes will be implemented on September 18, 2009 and because there are a wide variety of changes so it is difficult to tell you whether you are best to file now or to wait. The only way to know is to contact a local trustee and have him review things in more detail and they will be able to advise you whether you are best to wait or to file now. For a brief overview feel free to reference this link: bankruptcy reform.