How are deposits treated in bankruptcy?
October 4th, 2006 by Questions
I\’ll be getting married soon, and have made several deposits over the last year for catering, venue, etc.. Just wondering how these will be treated if I declare bankruptcy in Ontario before my wedding. Similarly, I have purchased a refundable plane ticket for a trip to visit family at Christmas; how would that be treated in bankruptcy?
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)