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Summary of Steps

The steps in the bankruptcy process can be summarized as follows:

  • Contact the Trustee and file the assignment in bankruptcy;
  • Trustee will notify the creditors of the bankruptcy;
  • Attend two counselling sessions;
  • Make payments to the Trustee while awaiting discharge, if required;
  • Attend Court for the discharge hearing, if required.

 

  
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BDO Canada LLP, a Canadian limited liability partnership, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms.

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