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

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*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.

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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.

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Is there a way to withdraw or annul my bankruptcy?

I have been in bankruptcy for 2.5 months and I am having second thought’s. This is my second time filing. Also I am unemployed and cannot keep up with the monthly payments that I need to give to the trustee. Is there a way to annul or withdraw my bankruptcy? if so, how?

Posted from: Alberta

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One Response to “Is there a way to withdraw or annul my bankruptcy?”

Desmond West-Chow, CIRP said...

There are essentially two ways to no longer be in bankruptcy. One is to get your discharge through the normal course of the bankruptcy proceeding. The second is to annul to annul the bankruptcy by filing a consumer proposal. In order to file a consumer proposal, cash flow is a very important consideration and must be consistent for the full proposal. If you’re currently not working and having a tough time keeping up with the bankruptcy payments, this may also prove to be a challenge in the proposal. Give your current trustee a call to discuss your options.