Bankruptcy in Moncton, New Brunswick
Filing for personal bankruptcy in Moncton, New Brunswick is a legal process under the Bankruptcy and Insolvency Act (BIA). A Licensed Insolvency Trustee administers the process, which typically lasts 9 to 21 months for a first-time filing. New Brunswick exemptions allow you to keep up to no specific exemption in home equity, $6,500 in vehicle value, and $5,000 in household goods. There are 8 Licensed Insolvency Trustees in Moncton who can guide you through the process.
Licensed Insolvency Trustees in Moncton
All providers listed below are licensed by the Office of the Superintendent of Bankruptcy. Initial consultations are typically free.
Steven McLaughlin
Dieppe
View profile →Louise Gagnon
Edmundston
View profile →Isabelle Matteau-Laurier
Edmunston
View profile →Amanda Sherwood
Fredericton
View profile →Angela Rodgers
Fredericton
View profile →Paul Moffett
Fredericton
View profile →Paul Pettigrew
Fredericton
View profile →Scott Marshall
Fredericton
View profile →Stephan Moyneur
Fredericton
View profile →Isabelle Matteau-Laurier
Grand-Sault
View profile →Andrew Hirtle
Hampton
View profile →Joshua Lowney
Hampton
View profile →Amanda Sherwood
Moncton
View profile →Angela Rodgers
Moncton
View profile →Henry Francheville
Moncton
View profile →Janick Donelle
Moncton
View profile →Paul Moffett
Moncton
View profile →Paul Pettigrew
Moncton
View profile →Scott Marshall
Moncton
View profile →Tara Silliker
Moncton
View profile →Frequently Asked Questions
How much does bankruptcy cost in Moncton?
A first-time bankruptcy in Moncton costs a minimum of $1,800 in administration fees. If your income exceeds the surplus income threshold, you'll also make monthly surplus payments.
What assets can I keep in bankruptcy in New Brunswick?
In New Brunswick, you can keep up to no specific exemption in home equity, $6,500 in vehicle value, and $5,000 in household goods. RRSPs are exempt except for contributions in the last 12 months.
How long does bankruptcy last in Moncton?
A first-time bankruptcy with no surplus income lasts 9 months. With surplus income, it extends to 21 months. A second bankruptcy takes 24 to 36 months.
MyClearDebt is not a debt relief provider. We do not provide financial or legal advice. Only Licensed Insolvency Trustees can administer consumer proposals and bankruptcies in Canada. Verify any provider's licence on the OSB register.