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retired and in debt

I am retired (my wife is unemployed) and my vehicle was repossed. In addition to a car loan, I have credit card debt, personal loans, and payday loans. In total I owe approx $50,000. My set net income is $1400, which just covers my basic living expenses. I have no assets to declare. How much will filing for backruptcy cost? At this time I feel this is my only option.

Posted from: Manitoba

One Response to “retired and in debt”

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

The minimum cost of bankruptcy is set by the individual trustee’s office so you will need to contact them directly to determine this.