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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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Dan

My Father in-law owes a total of 90,000$ cdn through personal loans. There is no way he can repay it, and they set a deadline for him to repay by next June. He have no way of repaying it. He is thinking of filing bankruptcy. Does that help him with the 90,000$ that he owes.

Posted from: Ontario

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One Response to “Dan”

A licensed trustee said...

Certainly – you should have your father in-law use the links on this site to find a trusteein his area that he can speak to directly.