Bankruptcy and Judgement

Question: Does going bankrupt also cover your debt if its been a judgement? I have a judgement against me with no required date to pay by. I have other debts and I just cannot sleep at night.

Answer: Yes, in most cases a judgement is discharged if you file bankruptcy in Ontario. The only exceptions would be items like criminal matters (like a restitution order) or child or spousal support orders.

If you have other debts in addition to the judgement, a bankruptcy would be an option to consider.

This is just a basic overview of your options, so for peace of mind we suggest you talk to an Ontario bankruptcy trustee to review your options in more detail.