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

"*" indicates required fields

URL

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

Gambling and Bankruptcy: addicted to the machines

If most of my 50K in debts to banks, credit card companies ect is due from a gambling habit can I still go bankrupt, and do it work the same as any other bankruptcy?

Share this post:

X (Twitter) Facebook Pinterest LinkedIn Email

One Response to “Gambling and Bankruptcy: addicted to the machines”

A licensed trustee said...

Gambling is becoming at increasing problem in Canada, and it is becoming a more significant cause of bankruptcy. You can you click here to read an article on gambling and bankruptcy.

If gambling is a significant factor in your bankruptcy, your debts will be discharged, but you will not be eligible for an automatic discharge after nine months. Your bankruptcy period will probably be extended.

Every situation is different, so we suggest you contact a licensed trustee to review your situation to determine the impact of gambling related debts in your bankruptcy.