are you falling for these myths about bankruptcy?

Are You Falling For These Myths About

BANKRUPTCY?

WWW.LCTAYLOR.COM

I’m Jillian Taylor-Mancusi, B.A., C.I.R.P.,

BANKRUPTCY TRUSTEE at

Some of the more common

BANKRUPTCY MYTHS:

ONLY IRRESPONSIBLE PEOPLE FILE FOR BANKRUPTCY…

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In fact, the top causes of bankruptcy in Canada

are job loss, divorce, and medical problems.

BANKRUPTCY IS A QUICK FIX TO GET RID OF ALL DEBTS…

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A bankruptcy does not eliminate all debts. You may also be required to make surplus income payments to your

trustee to help repay debts.

PEOPLE WHO FILE BANKRUPTCY LOSE EVERYTHING…

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There are many assets you are allowed to keep. Depending which province you live in, you may even

be able to keep your home.

4EVERYONE WILL KNOW I’VE FILED BANKRUPTCY...

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Bankruptcy records are public, however, it is highly unlikely

anyone will find out unless you choose to tell them.

CREDIT IS DAMAGED BEYOND REPAIR AFTER BANKRUPTCY…

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A bankruptcy is no longer listed on your credit report after approximately seven years.

In the end, bankruptcy myths are often far worse than reality.

GET THE FACTS.

with a bankruptcy trustee.

SET UP A FREE CONSULTATION

They will give you the support and advice you need. Together you can find THE BEST SOLUTION TO YOUR DEBT PROBLEMS.

CLICK HERE TO MAKE AN APPOINTMENT REQUEST

CALL US NOW.

It’s FREE and completely CONFIDENTIAL.

CALL TOLL FREE NUMBER1-800-463-8371

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