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?

It means so much that I had support and an ear and guidance when I needed it the most.

S.F. August 28, 2015

Very informative and sensitive to my situation

Sam, Brantford July 28, 2017

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

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

I had the best experience with Paul and his team. They made the process so easy for me. They maintained a great communication with me and they were always there to answer my questions. I would highly ...

Tara Y. October 16, 2017

The team at JP Graci has always been very helpful, having this company help me get out of massive credit card debt has made my life so much better! All I know is that its very easy to get into debt wh...

Fred L. January 9, 2018

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