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.

Name

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

Select Trustee By Province

Death of a bankrupt

What happens if a person dies during bankruptcy proceedings (i.e. before they are discharged)?

Posted from: Ontario

Share this post:

X (Twitter) Facebook LinkedIn Email

One Response to “Death of a bankrupt”

A licensed trustee said...

It literally depends on how far they were thorugh the process before they died and whether or not their trustee wants to complete the file. For example, if the deceased had completed their 2 counselling sessions and most of their other duties most trustees will simply complete the file and grant the deceased an automatic discharge. If the bankruptcy had just started and most of the duties haven’t been performed then the deceased will not be discharged unless the estate’s executor steps up and compeltes the duties.
Presumably the deceased’s executor shoold contact the trustee that was handling the bankruptcy to discuss thier options and then decide what makes the most sense.