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Bankruptcy with no income

Can you go bankrupt with no income

Posted from: Ontario

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One Response to “Bankruptcy with no income”

A licensed trustee said...

Certainly, but yuo may want to wait until you find a job before you do. There is a cost associated with filing for bankruptcy and it may not make sense to be spending money on a legal procedure when you’re not sure were next motnh’s rent is going to come from. If you are not working there is very little that your creditors can do to you (except bother you) – given the choice between eating and paying a debt you should pick eating.