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

"*" indicates required fields

Comments

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

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?*

Total Unsecured Debt*

*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.

This field is hidden when viewing the form

Source

How can we help you?

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.

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.

Select Trustee By Province

r lamb

I am on disability in Ontario and have been for over 7yrs. I went through a separation from my spouse 2yrs ago and am unable to keep up with my debt. I only owe about $7500 to credit card and $1500 to overdraft through my bank. Because Disability over paid me, they are garnishing some off each cheque and I am unable to pay even the minimum payment on my debts. I am thinking about declaring bankruptcy and don`t know how to do this while on disability. Is there any options or resources for me and my position? Anything you can provide to help would be greatly appreciated. Thanks 🙂

Posted from: Ontario

Share this post:

X (Twitter) Facebook Pinterest LinkedIn Email

One Response to “r lamb”

A licensed trustee said...

You certainly have the right to file for bankruptcy while you are on disability, but many people decide not to bother. While you are on disability you are “creditor proof” – your creditors cannot take deductions directly from your disability pension. The debt doesn’t go away, but you might have better things to do with your disability than paying for a legal procedure (like bankruptcy).

That being said, if the debts are really bothering you and you want to resolve the situation then use the links on this site to find a trustee in your area and give them a call. I suspect they will also suggest you do nothing, but they’ll help you file if that’s what you really want to do.