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personal bankruptcy

which is better if a person has 40,000.00 of unsecured debt, a personal bankruptcy, or a consumer proposal? which is the best way to go?

Posted from: British Columbia

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One Response to “personal bankruptcy”

A licensed trustee said...

It’s not a question of “which is better” or which is the “best way to go”. It depends on your situation – factors that will affect the decision include things like the amount of equity in your home (if you own a home), the number of peoiple in your household, the total income coming into your household, how much it costs you to live each month.

If you require some assistance sorting things out then use the links on this page to find a professional in your area. They will assess your situation and help you decide which solution makes the most sense for you.