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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.

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bankrupt twice

I went bankrupt 20 years ago and now I`m in a tight spot where I might need to go again would I pay for 9 months or 21 ? Also would I loss my house if the was no equity in the house?

Posted from: Ontario

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One Response to “bankrupt twice”

A licensed trustee said...

The second time you file your bankruptcy will run a minimum of 24 months, 36 if your income exceeds the government income standards.

You may want to consider a consumer proposal, before you decide to file bankruptcy a second time.