Checkout details for filing Bankruptcy in Canada ( Click here )
How much it cost for filling bankruptcy in Winnipeg?
It depends on trustee but LCTaylor charge normally $1500 -$1600 dollars. Yes, you can pay in installment without any interest over 9 months. Since in Canada there is inflation gone up 5%, you may be paying more in near future.
Do I loose everything if I file bankruptcy ?
No. Rather you can keep your hard earned assets. In most case you will have more money in your pocket after filling bankruptcy. Don’t believe it? Just ask anyone who done bankruptcy. Do not ask the person who loves to stay in debt for whole life.
Do I have to sell my house?
NO. You probably will not loose anything you currently have. Ask your trustee and make a plan way before you fill for bankruptcy.