Fri 4/20/2018 06:57 ET
DJIA24664.8983.180.34%SOLAR25.290.070.28%GOLD1314.203.550.27%Shanghai3080.0136.961.20%
S&P 5002693.1315.620.58%BANKS27.870.421.51%OIL62.241.051.69%BITCOIN8525.06229.322.69%
NASDAQ7238.0657.180.79%SEMI100.124.674.66%US/EU1.230.000.34%Futures2693.750.750.03%
Welcome Stranger!  Please sign up or log in to enable additional features.Sign Up | Mail | Log In
Forum - Gurus Answer Questions    Gurus answer your questions about the art of trading.

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search
  
From: Herbert01 (Rep: 0)Date: 12/21/2017 05:39
Forum: Gurus Answer Questions - Msg #609Thread #673975547 (Rec: 0)
Advice on Bankruptcy!



Hi
I need some information on bankruptcy. I have no other way to meet my debts and I heard, the following points are the criteria to apply for bankruptcy.

1) You must be a resident of Canada.
2) You are unable to pay your bills when they are due and
3) You owe more than $1000.00

Are there any more conditions to qualify for bankruptcy? What are the merits and demerits of the process? Is bankruptcy a good option?

Should we meet some Licensed Insolvency trustee to declare bankruptcy? Can anyone explain me the procedures? If so, suggest some bankruptcy trustees in Brampton. I came across many, but need to know your previous experience. Thank you.

What would you like to do? Message: Endorse | Bookmark | Report AbuseUser Herbert01: Reward | Watch | Ignore

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search
  

TheLion.com | About Us | Agreement & Disclaimer | Privacy | Twitter
© 1999- TheLion.com, Inc.