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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bankruptcy

im retired and i own over $ 30,000 and i cant pay it back i have 2 old motor bikes and 1 car and 2 p/u mabey worth $8,000 will i loose all that .what can i do

Posted from: Ontario

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One Response to “bankruptcy”

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

When you file for bankruptcy in Ontario you are permitted to keep one motor vehicle of up to a value of 5,650.00. The other vehicles will have to either be sold as part of the bankruptcy, or you will have to have them appraised and re-purchase the vehicles from the bankruptcy estate.