Declare Bankruptcy - Find Out If You Need To | Bankruptcy Process Step One
This is part 1 of 10 in the bankruptcy process.
You might not need to declare bankruptcy. Bankruptcy may not eliminate all of your debts, so it’s best to speak with a trustee to find out if bankruptcy will solve your debt problems. A reputable trustee will explain a number of debt relief options for you to consider. They can refer you to a non-profit credit counsellor if you have additional questions about options that a trustee cannot help you with.
If the trustee does not refer you to a credit and debt counsellor for information about other options to help with your debt problems, contact us and we’ll be happy to answer your questions.
Common Questions and Answers About Bankruptcy
The most popular questions (with links to the answers) that we get asked are:
- Should I file for bankruptcy?
- When to file for bankruptcy?
- Who can / can I / can you file for bankruptcy?
- What happens when you declare bankruptcy?
- Can I keep my house if I declare bankruptcy?
- Can I declare bankruptcy twice?
- Can I keep my credit cards?
- Can I declare bankruptcy for free?
One of the benefits of speaking with a Credit Counsellor is that you will get help to resolve the issues that caused your debt problems in the first place. By dealing with the issues that got you into debt, you’re better able to take steps to make sure it doesn’t happen again.
If you need help finding a bankruptcy trustee, contact us now. We keep our referral list up to date with trustees who we know do a great job helping their clients. A trustee can also tell you if you can include medical bills in your bankruptcy.
Continue on to step 2: How to Declare Bankruptcy - Work with your trustee to fill out bankruptcy forms, learn about your responsibilities and pay the fees necessary to go bankrupt.
Contact Us for More Information About Declaring Bankruptcy and Exploring Your Alternatives
If you are struggling to pay your debts and need more information about declaring bankruptcy and exploring your alternatives, contact us to get get help determining your options. One of our Credit Counsellors will answer your questions and provide you with guidance and information so that you can make an informed decision. Contact us today by phone at 1-888-527-8999, by email or chat with us online right now.