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Frequently Asked Questions
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Bankruptcy is a legal process that gives individuals in financial difficulty and opportunity to have a fresh start. To qualify for bankruptcy, an individual must owe at least $1,000 and not be able to meet his or her financial obligation as they become due.
Please click on any questions below to view aswers, or click on Show All, below, to view all questions and answers.
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What does bankruptcy cost?
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Trustee fees and disbursements are regulated by the government. The fee charged however varies between Trustees, call (604) 540-1920 for a no obligation quote. Our fee includes all filing fees, disbursement costs, taxes, and the two required counselling sessions. This fee can generally be paid in installments over the term of the bankruptcy.
We encourage individuals to shop around, as the cost may vary by hundreds of dollars.
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