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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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Bankruptcy and Employment

Can I declare bankruptcy even i am employed full time

Posted from: Ontario

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One Response to “Bankruptcy and Employment”

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

Yes, employment status has no impact on ones ability to file for bankruptcy.

To be eligible to file for bankruptcy you must:

1. Owe more than $1,000.00,
2. Reside in Canada, and
3. Be unable to pay your debts as they become due.

Employment status has no impact.