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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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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Bankruptcy and Mortgage Lenders

When you claim bankruptcy do my mortgage lenders need to be notified by the trustee?

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One Response to “Bankruptcy and Mortgage Lenders”

A licensed trustee said...

The short answer is “yes”. Your are required to provide your trustee with a list of everyone that you owe and your trustee is required to notify your creditors of your bankruptcy (or proposal).