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*Unsecured debt includes credit cards, lines of credit, bank overdrafts, payday loans, and unsecured personal loans (excluding student loans). It does not include mortgages and car loans.

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How can we help you?

If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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Cost of bankruptcy

I am considering claiming bankruptcy. I am approximately in 10,000.00 credit card debt. What are the costs of claiming bankruptcy?

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One Response to “Cost of bankruptcy”

Barton Goth – Goth & Company Inc. – Bankruptcy Trustees said...

As the guideline that determines this is based not only on income but on the number of people in your household it is impossible to tell. The best thing to do is to contact a local trustee, provide him with the number of people in your household and the respective incomes of those members and they will be able to do this for you very quickly.