Can I have my bankruptcy cancelled?

Bankruptcy Cancelled

Can I have my bankruptcy cancelled?

The most common way in which a bankruptcy is annulled is by filing a consumer proposal to address the debts in the bankruptcy. Once the proposal is accepted by the creditors and deemed approved by the Court, the bankruptcy is annulled.

Bankruptcy can be annulled in other cases only where the Court believes the bankruptcy should not have been filed. In general, a bankruptcy cannot be cancelled, except by the filing and acceptance of a consumer proposal.

 

Contact Rumanek & Company Ltd. for more information on bankruptcy and debt solutions. Or please fill out the free bankruptcy evaluation form. To learn more please visit our YouTube Channel. Rumanek & Company have been helping individuals and families overcome debt for more than 25 years.  

 

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