You will likely have a lot of bankruptcy questions to ask your Ontario bankruptcy trustee. You have never gone through a bankruptcy, so naturally you will have lots of questions about the bankruptcy process. That’s why we created the Frequently Asked Bankruptcy Questions section of this web site.
As you review this web site, write down all of your questions. It is important that you understand the bankruptcy process, and the best way to do that is to get answers to all of your questions before you decide on the correct option for you.
Here are some common questions that you may want to ask your trustee:
- “How much does it cost to go bankrupt?”
- “What do I get to keep if I go bankrupt?”
- “How does bankruptcy affect my spouse?”
As you think of additional questions, write them down!
Most people are slightly embarrassed or nervous when they first meet a trustee, and they often forget what questions they want to ask. If you write them down and bring them with you, you can be sure that all of your questions will be answered.
Also, ask for the phone number and e-mail address of the person you met with at the trustee’s office, so that if you have more questions after your meeting you can contact them for more information.
One final bit of advice:
Don’t sign the bankruptcy paperwork until all of your questions have been answered. You should fully understand how bankruptcy will affect you before you start the process.
Click here for a list of bankruptcy trustees in Ontario that provide free consultations to explain the bankruptcy process. We highly recommend reading the material on our website for ideas on bankruptcy questions to ask
your Ontario bankruptcy trustee!