Might not have a choice!
January 18th, 2012 by Questions
My credit has been perfect since a previous bankruptcy in 1995. My history of bankrupcty shows 2 previous bankrucptcies back in the 80’s which is a very long story, some not completely correct and I have documentation. So technically if I go bankrupt again the registar would believe this would be my forth time. I own a home in another province and a 2010 vehicle which I have to keep. I am about $200k in debt and been without work for a few months and starting to fall behind for the first time in 20 years. Im also the sole owner of a Canada Inc. corporation that has no value at the present but could prove to be my livelihood in the future. What are my options, what would I lose and how can I get out of this mess without suffering for the next 14 years or more? Thanks
Posted from: Ontario