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

"*" indicates required fields

Facebook

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

Bankrupcy Payments

What happens if one month I cannot make the payment as per the bankrupcy obligation. Can I make it up at a later time or is it added to the term?

Posted from: Ontario

Share this post:

X (Twitter) Facebook Pinterest LinkedIn Email

One Response to “Bankrupcy Payments”

A licensed trustee said...

The answer depends on what the payment is for and where you are in the process. If you are in the first 9 months then your trustee has some discretion – give them a call. If you are at the end of the process there are deadlines and rules that kick in. If you are making Court ordered payments then missing a payment may have serious consequences.

If you have already filed then call your trustee to discuss this in greater detail. If you haven’t already filed then add this to you list of questions to be answered BEFORE you file.