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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Paying Trustee fee

I reside in Ontario.
Assuming I am not working and have no assets to speak of, what amount do I need to pay the Trustee that will process my bankrupcy ?

DO I have the option to pay the whole amount at one time or do I need to spread it out during the 9 months that I am brankrupt ?

MY wife will supply me with the funds for the Trustee, as I have no $$

Thank-you

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One Response to “Paying Trustee fee”

A licensed trustee said...

By law, trustees are not permitted to advertise their fees. The basic cost of filing bankruptcy is usually in the $1,400 – $1,600 range. Certainly you may pay the entire fee up front, but that will not alter the time required to complee the process. bankruptcy takes 9 months to be completed and there are things you’ll need to do each month of the procedure.

Use the links on this page to finda trustee in your area and give them a call to get started.