Monthly Archives: March 2010

Bankruptcy in Ontario: What Happens to My House and Car?
By Bankruptcy Ontario Trustee
11 Mar 2010 | Category: What You Keep or Lose
house and car in Ontario bankruptcy

Question: Hi, my boyfriend is heavily in debt and we would like to seek some advise. He has $70,000 in credit card and line of credit debt and is having a hard time coping up with the payments since he only works part time. The only assets he has is…

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Do I Need A Bankruptcy Lawyer or Trustee?
By Bankruptcy Ontario Trustee
04 Mar 2010 | Category: Bankruptcy in Ontario | Bankruptcy FAQ
Ontario bankruptcy trustee or lawyer

Question: It is my understanding that the bankruptcy trustee works mainly for the creditors. Does that mean that I should see a lawyer before I consider discussing my debt and credit issues? A Bankruptcy Trustee can best be described as a referee in the bankruptcy process. Good question. It is…

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