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Phone: (604) 605-3335  Toll Free: (888) 850-6585

 

 

Boale, Wood and Company

Boale, Wood and Company

Licensed Insolvency Trustee

  • Our Company
    • Why Use Us
    • David Wood
  • Solutions
    • Personal Solutions
      • Alternatives to Bankruptcy
      • Consumer Proposal
      • Consumer Proposal vs. Debt Management Program
      • Division 1 Proposal
      • Personal Bankruptcy
      • Proposal Comparison
    • Corporate Solutions
      • Bankruptcy
      • Debt Restructuring
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    • Free Initial Consultation
    • Vancouver Office
    • Surrey Office
    • Yukon Territory

What happens if I do not complete my bankruptcy or if I am not released from bankruptcy?

If you do not complete your responsibilities as a bankrupt, you will not be discharged from bankruptcy.  Usually, the Trustee will proceed to be discharged from your bankruptcy.  The effect is that the protection you received from your creditors (the Stay of Proceedings) will no longer be in effect and they may resume collection for full payment of their claims.

The discharge from bankruptcy (full performance of your bankruptcy) is what eliminates your responsibility to repay your creditors.  Without the discharge, the debts are not released.

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Call Us Now

Phone: (604) 605-3335
Toll Free: (888) 850-6585
or use the Contact Form

We have offices located in Vancouver and Surrey.  We also provide services to residents and businesses in the Yukon Territory.

 

Looking for Forms?

We have a number of forms available for download here.

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