I had a work-related illness and am currently on social assistance because I can't reach an agreement with my employer. My debts are mounting, and I'm finding it increasingly difficult to pay my balances. I'm going to have to declare bankruptcy, but I don't have any money to give to the trustee. What should I do?
You will surely find a trustee who will agree to take on your case, and who will pay their fees through modest monthly payments.
Questions reliées
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- Hello, I declared bankruptcy last month. I had a surplus salary, so I was paying $344 per month. However, I recently lost my job indefinitely. I contacted my trustee, and my monthly payment was reduced to $225. Is it normal that I'm still paying the surplus even though my income has been cut almost in half?
- How long after declaring personal bankruptcy can I incorporate?
- I am a co-owner of a company (2 people). We are drowning in debt and considering bankruptcy. Since we personally guaranteed some of the company's loans and credit cards, I imagine we will be responsible for repaying these debts? If my partner becomes insolvent, would I be held liable for all of these debts (guarantees)? Would it be better for us to file for personal bankruptcy after the company goes bankrupt?
