What happens to my credit cards when I file bankruptcy?
When you file bankruptcy in Canada, your credit cards must be given to the Trustee, except in certain, extremely rare cases.
Canada Bankruptcy FAQ
Who can file bankruptcy or make a proposal in Canada?
Will bankruptcy in Canada get rid of all debts?
What is the bankruptcy fee in Canada?
Do I have to pay the fee up front?
Can my creditors continue to harass me after I file bankruptcy in Canada?
Will I be able to keep my vehicle?
Can my wages be garnished or my assets seized after I file bankruptcy in Canada?
If I file bankruptcy in Canada, can I still pay my family and friends?
Will you tell my employer that I filed bankruptcy in Canada?
Do I still handle my own money?
What happens to my credit cards?
Will I be able to get credit in the future?
Do I have to be living in Canada to file bankruptcy?
What if I win a lottery or receive an inheritance while in bankruptcy?
Can I file bankruptcy in Canada more than once?
What happens to my R.R.S.P. and/or pension plan if I file bankruptcy in Canada?
Will I lose everything in bankruptcy?
