I owe 10k in to credit cards, 20k line of credit, 3k to income tax, 5k to maintenance enforcement. I just lost my job and am now on EI. Is bankruptcy going to help?
Should I declare bankruptcy?
Posted on Friday, April 4, 2008
posted by Questions @ 3:05 pm
1 Expert Comment:
At April 12, 2008 |
9:47 pm
, Barton Goth GCO Bankruptcy Trustees Said...
Bankruptcy may very well help out, but it may not be necessary. This is going to depend on what type of action your creditors are taking, how much you are currently receiving on EI, and what your job prospects / time horizions are.
The best thing to do is to contact my office, we will review the above information in more detail and then I will be in a much better position to help provide the necessary direction.
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