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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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family member’s car to satisfy a debt owed

Can I take possession of a family member’s car to satisfy a debt owed?

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One Response to “family member’s car to satisfy a debt owed”

Desmond West-Chow, CIRP said...

This question has a lot of different aspects that may come into play on whether taking possession of this vehicle would be proper or not. If your family member is going through a bankruptcy or consumer proposal process, it would be best to speak to a trustee with some more information about the debt and the vehicle in question. If there is no bankruptcy or proposal ongoing, a lawyer would be a better person to speak to about a matter like this.