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?*

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 Super Intendent 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.

Phone

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

Select Trustee By Province

Car and Bankruptcy

I am weighing my options between credit proposal and bankruptcy.
The place I have worked at for the last 6+ years coninues to hit me with short layoffs and the common law wife is presently unable to work, due to that and yes a few finacial bad choices our bills are piling up and we never seem to get caught up let alone ahead.

Anyways my question is we have a 09 car that we have been making payments on for just over a year (never missed a payment) and if I go the bankruptcy route is there any way of keeping the car as i need a reliable way to get to work as I work in another city and work shift work

Posted from: Ontario

Share this post:

X (Twitter) Facebook LinkedIn Email

One Response to “Car and Bankruptcy”

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

In either a bankruptcy
or a consumer proposal as long as you are currently up to date with the vehicle payments, can afford to make the payments on the vehicle and the cost of your bankruptcy / proposal, then you won’t have any trouble.