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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2nd time bankruptcy question

if i have a co-signer on a bank loan can I keep paying the loan payment and not include the bank loan in the bankruptcy?

I bought my daughter a car through Ford Credit and the car is registered in my daughters name, will a bankruptcy affect the loan?

I own a car with a loan, will I be able to keep my car?

I have previously claimed bankruptch approx 30 years ago and I am working three jobs.

Thank you
Kim

Posted from: Ontario

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One Response to “2nd time bankruptcy question”

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

You should discuss this with your trustee when you go in for your initial consultation. But as a general rule, if the loan is secured by a vehicle and the loan is being paid, then the bankruptcy doesn’t impact that loan or the vehicle at all.

This will apply to both your daughters car and to your’s as well.