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2nd Bankruptcy??

I declared Bankruptcy back in 2001. I’m self-employed & I’ve been seriously struggling to earn a living since 2009. As a result, I’m late on my bills (rent,etc) provincial (QC) & federal taxes. To make matters worse, I’ve recently been garnished of my wages, making it impossible to pay my debts.
Am I allowed to file for Bankrupty a SECOND TIME? HOW DO I STOP THE BLEEDING?? signed,
Depressed

Posted from: Quebec

One Response to “2nd Bankruptcy??”

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

Yes, as long as you sucessfully finished your first bankruptcy and received your discharge
you are definately allowed to file for a second time, but it becomes a little more difficult than the first time you filed. You will find that the bankruptcy will take longer, and will have a greater impact on your credit, so where all possible we suggest people consider filing consumer proposal instead. This consumer proposal will serve to stop the existing garnishee and potentially right the ship, but still permit you to avoid some of the more significant difficulties associated with multiple bankruptcies. Now either way you have to do this through a local trustee office, so you are best to simply contact them directly and discuss what the best route to proceed will be.