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

"*" indicates required fields

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?*

This field is hidden when viewing the form

Source

How can we help you?

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.

Comments

This field is for validation purposes and should be left unchanged.

Select Trustee By Province

bank account

I have my pay directly deposited into my bank account. There is no credit card attached to the bank where I have my bank account. Do I still need to close this account and open another before I declare bankruptcy?

What about if I do a consumer proposal, do they freeze any bank accounts in that situation?

Thanks for your help. I have done a ton of research on bankruptcy and other alternatives, this site is by far the best one out there!!

Posted from: Ontario

Share this post:

X (Twitter) Facebook LinkedIn Email

One Response to “bank account”

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

The only times you need to open a new account is if you owe money to your current institution, or have a large number of direct payments set up with the creditors who will be involved in the bankruptcy or consumer proposal.