FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

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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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Personal Assetts

I have a guitar amplifier valued at over $1000 that I need for paying band gigs. Because it is a tool that can provide income for me, would it still be taken away upon bankruptcy?

Posted from: British Columbia

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One Response to “Personal Assetts”

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

As long as you can clearly demonstrate that you earn money directly from the use of the equipment, then it would qualify under your provincial tool of the trade exemptions. If you cannot demonstrate this then it would not qualify.