March 28th, 2011 by Questions
I went through bankruptcy 9 years ago and now with separation and lawyers I mat have to look at it again, what is different if anything?
Posted from: Ontario
March 28, 2011 at 5:33 pm, A licensed trustee said:
The second time you file your bankruptcy wil run a minimum of 24 months if you are not required to pay any surplus income, or 36 months if you are. Before you decide to file bankruptcy for a second time you should discuss with your trustee whether or not a consumer proposal might make more sense for you. You always end up paying more to your creditors in a consumer proposal (as compared to bankruptcy), but the payments are usually a lot more manageable…
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