Personal Bankruptcy Forum


Author:   Anonymous
Date:   November 12 , 2001
Question:  

From my past marriage I have debts of around 12K and cannot afford to pay them back with the minimum wage job I have. I have been advised by companies to file for bankcruptcy and I would like to know how you go about this, how much it costs, pros and cons etc.

 


From:
 

Ann Clarke, Collins Barrow Limited
Date:   November 14, 2001
Answer:   To file for bankruptcy you need to use the services of a Trustee, who is licensed to help you through the process. To obtain information specific to your circumstances, the options available to you, the cost to you personally and the pros and cons for you, you are best advised to make an appointment for a free consultation with a Trustee. They will explain what you need to know. You can call Collins Barrow in Alberta at 310-8888 or find a Trustee in the Yellow Pages under "Bankruptcy". Our website at www.moneyhelp.ca also has general information on personal bankruptcy/insolvency.

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




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