FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

"*" indicates required fields

Name

This field is for validation purposes and should be left unchanged.

Name*

Phone Number*

Email*

This field is hidden when viewing the form

What's the best time to contact you?*

Location*

What city do you live in?*

Total Unsecured Debt*

*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.

This field is hidden when viewing the form

Source

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.

Agreement*

I understand that Bankruptcy-Canada.ca does not provide debt relief services directly and agree to securely share this information with a local Licensed Insolvency Trustee (LIT) for a free, confidential consultation.

Select Trustee By Province

what about credit cards

i have to claim bankrupsy because my ex did and all of the debt that had my name on it came to me. Do I have to claim all of my credit cards even if they are all paid off? Can I keep them to rebuild my credit?

Share this post:

X (Twitter) Facebook Pinterest LinkedIn Email

2 Responses to “what about credit cards”

A licensed trustee said...

Bankruptcy laws in Canada are quite clear. You must surrender all credit cards when you go bankrupt, even if there is no balance owing on them. (It is considered fraudulent to borrow money from people that don’t know you are bankrupt).

Your trustee will be able to advise you on the best ways to rebuild your credit after your bankruptcy is over.

Anonymous said...

Capital One will let you have a Secured credit card while you are in Bankruptcy. Home-Trust will issue a Secured Visa after you have been discharged. Both will help you rebuild your credit.