Bankruptcy Trustee in Etobicoke servicing Personal Bankruptcy and Consumer Proposals
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FAQ

Common Questions about Bankruptcy and Consumer Proposals

What is a Consumer Proposal?
Why file a Consumer Proposal?
Who can file a Consumer Proposal?
How long must I wait to see if my Proposal has been accepted?
What happens if my Consumer Proposal is not accepted?
What happens if I can no longer fulfill the terms of my Proposal?
What happens when my Consumer Proposal is completed?
What is Bankruptcy?
How much will a Bankruptcy cost?
What is Surplus Income? What happens to my wages while I am bankrupt?
How do I begin the process of filing for bankruptcy?
Which assets am I allowed to keep if I go into Bankruptcy?
How long will I be in Bankruptcy?
Will my creditors stop harassing me?
How will my Bankruptcy or Consumer Proposal affect my credit rating?
What happens if someone has co-signed one of my debts?
What debts cannot be included in my Bankruptcy or Consumer Proposal?


 





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