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?

I am so impressed with the support and customer service from the team at J.P. Graci and Associates. Thank you for the wonderful service!

Sam R. May 15, 2017

Very informative and sensitive to my situation

Sam, Brantford July 28, 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 ...

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I just wanted to express my own and my familys gratitude for everything you did to help us out

N.N. October 11, 2015

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

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

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