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.



WHAT OUR CLIENTS SAY?

HI Paul. Once very long ago my husband used your services, thank you ... you helped him get his life back on track. I work with mortgages. At times I help my client settle with creditors to get them b...

S.B., Brantford July 1, 2017

Thanks again Sabrina, I can't say enough how much I appreciate everything you, Paul and company have done for me. It's overwhelming sometimes to think that someone still has their dignity even once th...

T.K. July 7, 2017

When I called JP Graci and Associates, I was completely devastated. I was living in financial chaos and I was barely able to make the ends meet. Desperate, I started to borrowing money from Payday loa...

George M November 6, 2017

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...

James K. July 25, 2017

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

WE ARE ON SOCIAL MEDIA

SUBSCRIBE TO OUR NEWSLETTER

Get Important News, Information & Inside Scoops:

SUBSCRIBE NOW
Copyright © 2019 Copyright J.P. Graci & Associates Ltd. All Rights Reserved.
Sitemap - Privacy

Powered by: ConvexStudio.ca