How much do you need to owe to go bankrupt in Canada?
December 13th, 2005 by Questions
is there a minimum amount to be owed before you can declare personal bankruptcy in Canada? can your debt be under 10 thousand?
One Response to “How much do you need to owe to go bankrupt in Canada?”
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December 13, 2005 at 8:27 pm, A licensed trustee said:
If you owe more than $1,000 and are unable to pay your debts you are eligible to go bankrupt. To determine if this is the correct option for you, contact a licensed trustee.