Bankruptcy FAQs

Do I lose my furniture and household goods?

No. Basic household goods and furniture are normally not taken from you.

Can I get a credit card or buy a home after bankruptcy is over?

Yes. Most people are successful at rebuilding credit after bankruptcy.

Do you tell my employer of my bankruptcy?

No. We are not required to notify your employer.

What happens to my bank account?

You can have a bank account for paying new bills and depositing cheques.

Do I still have to pay my arrears of income tax?

Income tax debt is treated as an ordinary debt and is discharged by bankruptcy.

Do I have to go to court?

No .In most cases personal bankruptcies do not require a court appearance.