What debts are not affected by Bankruptcy?
Bankruptcy relieves the honest person of almost all normal debts, including credit cards, bank loans, and debts owed to the Canada Customs and Revenue Agency. However, certain debts can’t be extinguished, including alimony and child support; damages awarded for bodily harm, sexual assault, or wrongful death; fines, including traffic violations; liabilities arising out of fraud; and certain student loans. With the help of a professional trustee, you may be able to stop actions by these creditors until your discharge and/or reduce the amounts you owe.
