bankruptcy in Montreal
Question: If I have 35 000$ in debts, and I made less than 20 000$ last year..(my common law spouse made about 19,000) can I still declare bankruptcy in Montreal?Answer: Yes, you can declare bankruptcy. The real question is whether or not bankruptcy is the correct solution for you. If you are earning $20,000 per year and have $35,000 in debts, it is unlikely that you will be able to repay your debts on your own, so bankruptcy may be the correct option for you.
We suggest you contact a Montreal bankruptcy trustee to review your options, and to explain the cost of bankruptcy, which is based, in part, on your family income.
Labels: bankruptcy Montreal, personal bankruptcy
posted by Questions @ 6:30 PM
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