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*Unsecured debt includes credit cards, lines of credit, bank overdrafts, payday loans, and unsecured personal loans (excluding student loans). It does not include mortgages and car loans.

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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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What about parking tickets?

I am getting ready to declare bankruptcy. My drivers license if fast approaching renewal. There are several outstanding parking tickets I need to pay off to allow my license to be renewed. Can I put those tickets into the bankruptcy or do I have to pay them off myself. Is this a question I also need to ask the Ministry of Transportation here in Ontario, regarding this matter?

Posted from: Ontario

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One Response to “What about parking tickets?”

A licensed trustee said...

Bankruptcy does not deal with Court imposed fines, penalties or tickets. You need to deal with those yourself outsde of bankruptcy.