FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

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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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Opening BANK acct

You mentioned that IF I file for personal bankruptcy, I should open a bank acct with a bank that I have had NO business with or credit cards with.

This makes sense, HOWEVER, I also owe money to Rev Canada. How is this going to help me. If I file for bankruptcy, will Rev Can freeze up all my bank accts, both OLD and NEW accts ?

I live in Ontario

Thanks

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One Response to “Opening BANK acct”

A licensed trustee said...

Once you file either bankrutcy or a consumer proposal the government (and any of your other creditprs for that matter) no longer have the right to freeze your bank account.

we tell people to switch banks so that the bank doesn’t have access to their account before/after they file – it’s not legal for them to do so, but that’s not much help if you go to buy groceries and they’ve taken all of your money…