Ottawa Bankruptcy Centre Canadian Bankruptcy Centre
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How do I file for bankruptcy?
Will a notice of my bankruptcy be published in the newspaper?
What are my responsibilities while bankrupt?
What meetings do I have to attend?
How long will I be bankrupt?
Will I lose my assets if I file for bankruptcy?
When will the creditors stop pressuring me?
How will my creditors know I have filed for bankruptcy?
Will filing for bankruptcy effect my credit rating?
Will bankruptcy eliminate all my debts?
What does it cost to file for bankruptcy?
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Debt and Credit Solutions - Start planning your financial future

Will bankruptcy eliminate all my debts?

Bankruptcy eliminates most debts. However, the following obligations will remain after you are discharged from bankruptcy:

  • court imposed fines, penalties, and restitution orders;
  • default on a bail bond;
  • alimony or child/spousal support;
  • debts arising from fraud, embezzlement, misappropriation or fraudulent misrepresentation.

Under most conditions student loans may remain after your bankruptcy.

This is your opportunity to eliminate your excessive debt. Visit any of the following resource centres for more info. Ottawa, Scarborough, Hull/Gatineau, Arnprior, Barry's Bay, Brampton, Brockville, Carleton Place, Cornwall, Kingston, Pembroke, Perth, Renfrew, Smiths Falls.

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