February 2nd, 2008 by Questions
Thanks for this site , my question is if the bank prove that I did fraud with line of credit and the credit card what they can do for me please tell the most they can do thanks for your help
February 04, 2008 at 8:43 am, A licensed trustee said:
The answer depends somewhat on what you do. If you have filed for bankruptcy or a proposal the creditor might request a Court review of your procedure with an eye towards having you charged with an offence. Alternatively, they may decide to simply ask the Court to exclude these debts from your bankruptcy altogether.
If you think you may have committed an act of fraud I suggest you contact a lawyer to discuss you options. We cannot provide legal advice and the Bankruptcy and Insolvency Act was not designed to protect persons that have committed fraud.
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