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Apartment Lease and personal bankruptcy

If I declare bankruptcy, how does that affect my current lease on my residential apartment (in Toronto)?

One Response to “Apartment Lease and personal bankruptcy”

Barton Goth, GCO Inc. Bankruptcy Trustees said...

I have never seen anyone have an issue with a leased apartment as long as they are current with their rental obligations. It is important to make disclosure of this concern to licensed trustee and he will be able to advise you explain all the ramifications of filing a bankruptcy in advance so that you know exactly what to expect.