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I owe $50,000 on a personal loan and about $20,000 on a personal line of credit, if I declaim bankrupcy will I be forced to sell my stuff to try and pay these depts?



Grant Thornton Limited



Feb 09, 2016



Hello, When you file for Bankruptcy the Trustee will review the assets you own. The province that you live in has legislation that protects certain assets from your creditors. You are not forced to sell everything you own to repay the creditors. If you would like a no charge consultation to discuss the bankruptcy process and the assets that are protected please contact us at 310-8888.

Susan Methuen
T 403-310-8888


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