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

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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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Do I lose my vehicle if I go bankrupt?

If I need my vehicle to get to and from work will i lose it in bankruptcy if it exceeds $5,000?

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One Response to “Do I lose my vehicle if I go bankrupt?”

A licensed trustee said...

It depends on where you live. In Ontario, if you own a vehicle worth more than $5,000 with no liens, you lose your vehicle if you go bankrupt. More information can be found at this site.

If you live elsewhere in Canada, click here for a list of what you may keep if you go bankrupt..