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 Super Intendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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bankrupcy

which creditors donot enter ito program

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One Response to “bankrupcy”

Barton Goth GCO Bankruptcy Trustees said...

The most common types of creditors that are not cleared in a bankruptcy are as follows:
1. Student loans if less than 10 years has elapsed since you last attended school;
2. Debts related to fraud, misappropriation of funds, misrepresentation or theft of trust monies;
3. Child support, maintenance or alimony;
4. Civil claims for intentional bodily harm, sexual assault or wrongful death;
5. Secured creditors;
6. Debts relating to fines or penalties imposed by the court.

If you have any furthere questions on this you are best to discuss it directly with a local trustee.