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

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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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Undischarge Bankruptcy

I have file for bankruptcy for several years now but still remain undischarged. I had no income at the time of filing but had significantly higher income several years into the bankruptcy. I also accumulated a fair amount of savings. Would I be required to pay back the surplus income from the assets I’ve accumulated?

Many thanks!

Posted from: Alberta

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One Response to “Undischarge Bankruptcy”

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

This is difficult to answer as it is now up to the court, but there is a very good possibility the court will require you to pay more to get your discharge. This will largely be as a result of your current ability to pay and due to the fact that you failed to comply on a timely basis the first time, but realistically it is impossible to know until your Trustee re-applies to court to request a discharge.