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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What debts will be wiped out?

Actually I have a couple of questions.
1. If I claim bankruptcy and ICBC has a judgement against me before this, are they included in the bankruptcy?
2. If I claim bankruptcy and CIBC (VISA) are owed moneys, would they be included in the bankruptcy?

I would love to tell my story regarding these matters as they both evolve from the same incident!

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One Response to “What debts will be wiped out?”

Barton Goth GCO Bankruptcy Trustees said...

First question, ICBC, the debt can be cleared, but depending on the nature of the debt you may not be able to obtain a valid drivers licesnce in BC. As this can be a pretty involved area you would be best to contact a local trustee to discuss the details.

Second question, CIBC visa, this is something that would be included in and cleared by filing a bankruptcy.