Can I be arrested for not paying back my debts?


The answer is no! In Ontario, not paying back your creditors is not a cause for imprisonment. This doesn’t mean that there are not any consequences if you decide not to pay back your creditors. If you decide to stop paying, your creditors may hire a collection agency to get their money back. In some cases, they may sue you for the money that you owe. If they take you to court and win a judgment against you, they may be able to garnish your bank account or wages. They can also apply to the court to place a lien on your property.  If you have specific questions about what can happen in certain situations, we recommend that you contact a Licensed Insolvency Trustee.



If you are overwhelmed with a financial crisis, J.P. Graci & Associates Ltd can help! Call us now at 519-753-7361.



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WOW! These guys are amazing and I highly recommend their services if you want to change your life for the better.

Stephen M. March 18, 2017

Thank you so much for everything you and your staff have done to help me through this difficult time in my life. Thank you to Patricia for her smile and pleasant greeting when I came in the front and ...

Lisa, Brantford May 28, 2017

While I knew Id made the right decision and entrusted my bankruptcy to the right people, what I did not anticipate was the level of support and compassion I would receive and how empowered I would fee...

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JP Graci and Associates is a wonderful organization. All staff members that I spoke with were very professional and friendly. Everyone was very motivated to help me and they worked very hard to deal w...

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This service is amazing! The team at JP Graci helped me with the stressful decision of going through a negotiation an understandable and simple process. From the explanation to instructing me on the r...

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Thank you so much for everything you have done for me. These months of lessons will serve me for the rest of my life and I will never be able to fully express how grateful I am for this new beginning!

K.J., Cambridge July 15, 2017

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