December 10th, 2008 by Questions
Can you go bankrupt with no income
Posted from: Ontario
December 10, 2008 at 7:40 am, A licensed trustee said:
Certainly, but yuo may want to wait until you find a job before you do. There is a cost associated with filing for bankruptcy and it may not make sense to be spending money on a legal procedure when you’re not sure were next motnh’s rent is going to come from. If you are not working there is very little that your creditors can do to you (except bother you) – given the choice between eating and paying a debt you should pick eating.
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