Answer: | | 1.In a bankruptcy, you would report your monthly income and expenses to the Trustee. Your spouse may choose not to be included.
2. If you are not sure who your creditors are, you can request a copy of your
credit report on www.equifax.com. If you know who your creditors are, you can ask them to provide you with a current statement to find out how much you owe. In a bankruptcy, your creditors will need to prove their claim; therefore it is not necessary to know the exact amount, which is oustanding prior to filing.
3. Once you have made an assignment in bankruptcy, the Trustee will notify your creditors. Vanessa Grant phone: (403) 296-2977 vgrant@alger.ca |