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

Bankruptcy

We recently applied for bankruptcy …how long is the process before we are notified that the court has approved the application?

Posted from: Ontario

Share this post:

X (Twitter) Facebook Pinterest LinkedIn Email

One Response to “Bankruptcy”

A licensed trustee said...

I think some one has lead you astray – you do not “apply for bankruptcy”. You file bankruptcy with a licenced trustee – there is no Court approval. Once you sign the documents with the trustee they are uploaded to the Office of the Superintendent of Bankruptcy and that is when you become bankrupt.

If some one has told you that you are applying for bankruptcy they probably aren’t a licenced trustee. I suspect what they are doing is sending your paperwork off to a trustee (after you pay thier fee of course) and once you meet with the trustee and sign the required forms, you will become bankrupt.

Ask the people that you have been dealing with if they are a licenced trustee. If they are not you can save yourself some money by going directly to a trustee yourself…