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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.

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car lease

I currently have a leased car that i get to work in .. will i have to let that go ?

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One Response to “car lease”

Barton Goth GCO Bankruptcy Trustees said...

As long as you can afford to continue to make the payments and the leasing company agrees to let you continue with the contract then you can keep the vehicle.

I must emphasize that this is not up to the trustee but up to the lender. But typically as long as you are up to date with your lease payments most lenders would prefer to see you keep the vehicle.