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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Personal Loan

I had an exboyfriend lend me $4000.00 about a year ago. I am now planning on filing bankruptcy as I cannot keep up with all the other debts I owe. My question is, can bankruptcy wipe clean the money he wants back? I understand I cannot pay him anything while in the nine months of bankruptcy, but can he come after me and sue me later for that money?

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One Response to “Personal Loan”

Barton Goth GCO Bankruptcy Trustees said...

Legally speaking you would be cleared from this debt and he has no right to come back after you and sue you for this money. If he tried you would simply show the court your bankrutpcy documents and that he was listed and they would proceed no further.