Home Page FAQ Personal Bankruptcy Corporate Proposal/Bankruptcy/Receivership Request for Information
 




Frequently Asked Questions


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.





What is counselling?
You must attend two counselling sessions in order to be eligible for an "automatic nine month discharge". Counselling was introduced to avoid future financial difficulties. At Bottom & Associates, all counselling is done on an individual basis. The first counselling session must be held between 10 and 60 days following bankruptcy; the second counselling session must be held no later than 210 days following the date of bankruptcy.
At Bottom & Associates the cost for this is included in the fee quoted for the bankruptcy.



 




 





Sign In
 Sign In