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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acres

How many acres am I allowed to own that is part of my primary residence, assuming that there is no equity in the home including property?

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One Response to “acres”

Barton Goth GCO Bankruptcy Trustees said...

Typically if you have no equity you don’t have a problem as secured assets essentially operate outside of the Bankruptcy and Insolvency Act. However, if there is any equity (even marginal amounts) it really is dependant on provincial laws so you would be best to a local trustee directly to clarify the details.