2nd Time Bankrupt?

March 21st, 2013 by Questions

I had (and completed) a consumer proposal in 1995. After becoming disabled, I am now considered bankruptcy. Will I be considered a first-time bankrupt, or will I be a second-time bankrupt due to the previous consumer proposal?

Posted from: Nova Scotia


One Response to “2nd Time Bankrupt?”

, A licensed trustee said:

If you perform all of your ditiues properly and no one opposes your dsicharge then you will be treated as a “first time bankrpotcy filer”. If you end up in Court for some reason, the Court may treat you as a second time filer due to your previous proposal.

So, if you decide to file, do everything properly so you don’t end up in Court…

Please post a follow up comment below:

(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)