Category: Consumer Proposals

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Do I have to pay to file Bankruptcy?

I know…it seems wrong doesn’t it? You are in a state of having to consider filing for bankruptcy and you find out that you have to pay. Often I get asked, “How can someone pay you if they are bankrupt?”. More often than not, the amount you are required to pay into your bankruptcy, is a manageable payment considering what you are required to pay to maintain your current debt (let alone pay it off). This simple Bankruptcy Payment Calculator will help you estimate what that payment might be.