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

"*" indicates required fields

Name*

Phone Number*

Email*

This field is hidden when viewing the form

What's the best time to contact you?*

Location*

What city do you live in?*

This field is hidden when viewing the form

Source

How can we help you?

Agreement*

I understand that Bankruptcy-Canada.ca does not provide debt relief services directly and agree to securely share this information with a local Licensed Insolvency Trustee (LIT) for a free, confidential consultation.

This field is for validation purposes and should be left unchanged.

Select Trustee By Province

Too much debt, too little income, what are my options?

I am a student and my mother as well as me are being sued for more than $100,000. She is on welfare and i am a student with no income. I have no assets or anything of value(ex. land, job, jewelry). After the suit if i have to pay an amount i can`t pay what are my options?

Posted from: British Columbia

Share this post:

X (Twitter) Facebook LinkedIn Email

One Response to “Too much debt, too little income, what are my options?”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

This is really gong to depend on your cash flow. Likely you will have few alternatives to a bankruptcy due to the limited income, but that will depend on what a typical month looks like from an income and expense standpoint.

Right now the best thing to do is to contact a local trustee and they will be able to assist in determining what the potential options are.