Bankruptcy will drastically reduce your credit score and stay on your credit report for up to 7 years after you’ve been discharged. If you declare bankruptcy you may be excluded from some employment opportunities and a poor credit score may also cause issues when trying to rent as many landlords review your credit score as part of the application process. Each province has its own rules regarding the bankruptcy process, especially about the amount of assets you can keep such as your home and vehicle.

If you’ve exhausted all other options and would like to find out more about bankruptcy, fill in the form below and we’ll forward your info to a partner Bankruptcy Trustee in your area.

Bankruptcy Alternatives

A 15-minute conversation with DebtManagers can help determine if bankruptcy alternatives are available.

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