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

"*" indicates required fields

Comments

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

ms

My question is about bankruptcy when you have mortgage. My question is very simple. I just want to know when you have a mortgage with the same bank you have a debt on a Line of Credit and one credit card? I am paying my mortgage through another bank, can I close that checking account I have with the bank that has my mortgage? I don’t need that checking account any more. Thanks

Posted from: Ontario

Share this post:

X (Twitter) Facebook Pinterest LinkedIn Email

One Response to “ms”

A licensed trustee said...

Yes, you may – in fact, that is what we recommend our clients do. The safest way to proceed is to have you paycheque and any other income you receive processed through a bank that is not in anyway included/listed in your bankruptcy or a proposal.