Bankruptcy Toronto

Going through a bankruptcy Toronto ? You should be aware that you have certain rights. For instance, there are some things you are allowed to keep. In Ontario you can retain:

• necessary clothing and personal effects up to a value of $5,000

• household furnishings and appliances to a value of $5,000

• personal property (e.g. tools, equipment, motor vehicle) that you require to earn income from your occupation up to a value of $10,000.00.

During your bankruptcy, Toronto you may sometimes be allowed to keep:

• the cash surrender value of life insurance policies (including some R.R.S.P.'s) where the beneficiary named is the spouse, child, parent or grandchild.

• in general, pension plans.

Going through a bankruptcy is sure to be stressful, but we can help you through this difficult time. Continue to browse this web site to see how David Sklar & Associates can provide help for your bankruptcy Toronto .

Want to consolidate your debts and make one monthly payment?
Facing Bankruptcy ? Toronto trustee David Sklar and Associates serve the Greater Toronto Area and South Western Ontario