Question: My husband & I went bankrupt 10 yrs ago and now because he is not working and we are separating and I cannot afford all the debt and daily living expenses, what happens if we separately go bankrupt? I have a good job, but need my truck to go to work, It’s worth 7 or 8 thousand and I have 11000.owing? I am so scarred.
Answer: Yes, you can file bankruptcy a second time. The process is more complicated and costly than a first bankruptcy, but it is possible. Another option may be to consider a consumer proposal as an alternative to bankruptcy. You should consult a bankruptcy trustee for a detailed review of your particular circumstances.