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

if i have a mortgage for 5 years term can i declere a bankruptcy

Posted from: Alberta

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One Response to “bankruptcy”

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

The presence of a mortgage, regardless of the term of that mortgage, doesn’t have any bearing on whether you can file a bankruptcy or not. To be eligible to file for bankruptcy you have to be in a position where you owe greater than $1,000 and be unable to pay your debts as they generally become due. So yes, if you can satisfy those two criteria you are eligible to file.