Personal Bankruptcy Forum


Author:   Desperate
Date:   January 8 , 2002
Question:  

I may have left the wrong impression on my income. The figures are annual figures. Does this change your proposed plan of action?

 


From:
 

Ann Clarke, Collins Barrow Limited
Date:   January 8, 2002
Answer:  
Unfortunately, yes. A proposal may still be possible but bankruptcy may be necessary, particularly if you have the line of credit secured by the house. It's difficult to be specific without knowing the details of your situation.

Hope this helps,

Ann Clarke
phone: (403) 296-2972
aclarke@moneyhelp.ca




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