bankruptcy without any assets

August 26th, 2010 by Questions

I am 60 years old and do not have a job. My daughter is currently paying my bills covering my minimum balances but can no longer do so. Can I declare bankruptcy even though I have no assets and live with her?

Posted from: Ontario

Questions

One Response to “bankruptcy without any assets”



, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

As long as you currently live in Canada, owe more than $1000.00 and are unable to pay your bills as they normally come due, then you would qualify for bankruptcy. So whether or not you have assets or live with your daughter will make no difference.

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