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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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can I bankrupt an existing consumer proposal

I am currently in a consumer proposal, and finding it tough to make my HELOC payments, can I bankrupt my consumer proposal?

Posted from: Alberta

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One Response to “can I bankrupt an existing consumer proposal”

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

You can always file a bankruptcy out of a consumer proposal. The filing of the bankruptcy will serve to annul the consumer proposal. But you can discuss this with your trustee in more detail.