If you own a car and it is paid in full do you loose it in a personal bankruptcy? If this is the only thing you have of value?
Free Information About Bankruptcy in Montreal Quebec
If you own a car and it is paid in full do you loose it in a personal bankruptcy? If this is the only thing you have of value?
In Quebec, there is no exemption for cars only for tools of the trade. Every situation is evaluated, We must look at the age and value of the car to determine whether or not your creditors should receive any equity.
Rochelle Pont CIRP
514-731-3191 ext 461