failure to pay trustee

July 23rd, 2009 by Questions

what happens if i can`t afford to continue to pay the trustee the assigned amount for 9 months

Posted from: Alberta


One Response to “failure to pay trustee”

, A licensed trustee said:

At the very least, your bankruptcy will be extended to provide you with more time to make the required payments. If you are asking what might happen if you NEVER pay, well, in most cases your trustee will close your file and you’ll be back wheer you started (ie the debts will still be there plus at some point you will have to deal with the bankruptcy too).

If you are having problems with your payments to your trustee I strongly suggest you go and speak to your trustee and try to work out a plan to deal with them.

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