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

"*" indicates required fields

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

Mortgage, Debt, and moving abroad

I am self employed and used to work in an Industry that has dissolved. I have not made any money over the past year. My mortgage is more than I can sell the house for, My unsecured debt is around 100,000. I have zero income and can no longer afford to pay the mortgage or the interest on the unsecured debts. I have been offered a job in another country and want to wipe the slate clean so to speak. I want to cut all ties here and claim bankruptcy but can I leave the country during the discharge period?

Posted from: British Columbia

Share this post:

X (Twitter) Facebook Pinterest LinkedIn Email

One Response to “Mortgage, Debt, and moving abroad”

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

There is no restriction on your ability to relocate either during a bankruptcy or after you have been discharged.

So you are best to contact a local trustee right away, explain that you will likely be moving abroad and they will help you make the necessary arrangements.