Bank Loans And Credit Cards In A Bankruptcy

2008-11-11

 Yes, unsecured bank loans (where the bank doesn't hold collateral on a vehicle or other asset) and credit cards normally go away when you do a bankruptcy. Without knowing a bit more about your financial situation, it's difficult to give you any other advice, but if you'd like to get more information, please get in touch with us. We can give you the information and advice you need to help you decide on the best approach for dealing with your debts. We do not charge a fee for this type of assessment. Judy Scott - MNP Vancouver - Port Moody - Abbotsford - Surrey

Latest Blog Posts

2026-06-09

What happens if I owe tax debt to the CRA?

Tarah Fawdrey

It can be overwhelming to find out you owe the CRA a large amount of money. These debt relief options can help you regain control of your finances.

Read More

2026-06-09

The CRA is calling to collect. Now what?

Alana Orrell

Getting a call from the Canada Revenue Agency (CRA) can be unsettling. If the call is about collections, the stress level often jumps immediately. You may worry about frozen accounts, garnishments, or losing control of your financial situation.

Read More

Consultation icon