One of the main purposes of Bankruptcy Law is to give a person,
who is hopelessly burdened with debt,
a fresh start by wiping out his or her debts.
The objective of this website is to provide people in Chicoutimi, thinking about declaring bankruptcy, the information they need to make an informed decision. You will then have a good understanding of what the law allows when you meet with one of our Chicoutimi bankruptcy trustees.
A bankruptcy wipes out all a person's eligible debts usually within nine months. In the vast majority of cases the debtor has no assets that he or she would lose. Bankruptcy gives a person a relatively quick "fresh start".
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