[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/rkillen.ca\/what-assets-are-you-allowed-to-keep-after-you-go-bankrupt\/#BlogPosting","mainEntityOfPage":"https:\/\/rkillen.ca\/what-assets-are-you-allowed-to-keep-after-you-go-bankrupt\/","headline":"What assets are you allowed to keep after you go bankrupt?","name":"What assets are you allowed to keep after you go bankrupt?","description":"Assets Allowed To Keep After Bankruptcy?Watch this video on YouTube In this video, Licensed Insolvency Trustee in the GTA area, Richard Killen, talks about\u00a0the facts and misconceptions when it comes to losing assets in a bankruptcy procedure. Typically, people are scared to lose their important belongings should they undergo bankruptcy in Toronto. In this video, [&hellip;]","datePublished":"2017-04-28","dateModified":"2024-04-19","author":{"@type":"Person","@id":"https:\/\/rkillen.ca\/author\/gino\/#Person","name":"Gino Yturralde","url":"https:\/\/rkillen.ca\/author\/gino\/","identifier":4,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/8ef7093d58c154bea017595931733ab9e8d2ba5f63d637904c638ff62d8e0598?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8ef7093d58c154bea017595931733ab9e8d2ba5f63d637904c638ff62d8e0598?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Richard Killen and Associates","logo":{"@type":"ImageObject","@id":"https:\/\/rkillen.ca\/wp-content\/uploads\/2016\/08\/landscape-logo-12345-for-web.png","url":"https:\/\/rkillen.ca\/wp-content\/uploads\/2016\/08\/landscape-logo-12345-for-web.png","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/rkillen.ca\/wp-content\/uploads\/2017\/04\/what-assets-are-you-allowed-to-k.jpg","url":"https:\/\/rkillen.ca\/wp-content\/uploads\/2017\/04\/what-assets-are-you-allowed-to-k.jpg","height":720,"width":1280},"url":"https:\/\/rkillen.ca\/what-assets-are-you-allowed-to-keep-after-you-go-bankrupt\/","video":{"@context":"http:\/\/schema.org\/","@type":"VideoObject","@id":"https:\/\/www.youtube.com\/watch?v=mSiSlUbhVW4#VideoObject","contentUrl":"https:\/\/www.youtube.com\/watch?v=mSiSlUbhVW4","name":"Assets Allowed To Keep After Bankruptcy?","description":"Richard Killen discusses \"assets allowed to keep after bankruptcy\"\n\nIf you are uneasy about bankruptcy you should definitely visit a licensed insolvency trustee so that you will be given an advice about your bankruptcy problems.\n\nWe can meet with you during business hours or book after hours appointments if that is more convenient.\n\nContact us for a fresh start 1 (888) 545-5365\nLive your life free of financial stress!\n\nFollow us on Instagram: https:\/\/www.instagram.com\/killen_trustee\/\nFollow us on Twitter: https:\/\/twitter.com\/Killen_Trustee\nFollow us on Facebook: https:\/\/www.facebook.com\/rkillenassociates\nFollow us on Linkedin: https:\/\/www.linkedin.com\/company\/richard-killen-&-associates\/\nConnect on Linkedin: https:\/\/www.linkedin.com\/in\/richard-killen-020aaaba\/\n\nRichard Killen and Associates have 10 locations across the Greater Toronto Area.\n\nOur main office is at\n\nRichard Killen & Associates\n2130 Lawrence Ave\nEast Suite 402, M1R 3A6\nTel: (416) 285-9511\nhttp:\/\/rkillen.ca","thumbnailUrl":["https:\/\/i.ytimg.com\/vi\/mSiSlUbhVW4\/default.jpg","https:\/\/i.ytimg.com\/vi\/mSiSlUbhVW4\/mqdefault.jpg","https:\/\/i.ytimg.com\/vi\/mSiSlUbhVW4\/hqdefault.jpg","https:\/\/i.ytimg.com\/vi\/mSiSlUbhVW4\/sddefault.jpg","https:\/\/i.ytimg.com\/vi\/mSiSlUbhVW4\/maxresdefault.jpg"],"uploadDate":"2017-11-07T10:35:29+00:00","duration":"PT1M57S","embedUrl":"https:\/\/www.youtube.com\/embed\/mSiSlUbhVW4","publisher":{"@type":"Organization","@id":"https:\/\/www.youtube.com\/channel\/UCVqfGDwXy-OK5RHKZGkaMUw#Organization","url":"https:\/\/www.youtube.com\/channel\/UCVqfGDwXy-OK5RHKZGkaMUw","name":"Richard Killen & Associates Ltd","description":"Since 1992 we at Richard Killen & Associates have helped thousands of people resolve their financial problems. With over 22 years experience in this industry, our president, Richard Killen, and the rest of our team understand the difficulties that honest people can sometimes find themselves in. This expertise makes it possible to provide you with a service that effectively deals with the issues.\n\nThe strength of our company is exemplified by the manner in which we treat our customers. We understand the intense pressure people are under. You will feel better after having spoken with our staff and your sense of dignity will be restored. The relief most people feel is tangible.","logo":{"url":"https:\/\/yt3.ggpht.com\/ytc\/AIdro_nK1yzM56nIFCGmWO7scxw1pLTW2Z8LVLH_kg8kdbbfw5M=s800-c-k-c0x00ffffff-no-rj","width":800,"height":800,"@type":"ImageObject","@id":"https:\/\/www.youtube.com\/watch?v=mSiSlUbhVW4#VideoObject_publisher_logo_ImageObject"}},"potentialAction":{"@type":"SeekToAction","@id":"https:\/\/www.youtube.com\/watch?v=mSiSlUbhVW4#VideoObject_potentialAction","target":"https:\/\/www.youtube.com\/watch?v=mSiSlUbhVW4&t={seek_to_second_number}","startOffset-input":"required name=seek_to_second_number"},"interactionStatistic":[[{"@type":"InteractionCounter","@id":"https:\/\/www.youtube.com\/watch?v=mSiSlUbhVW4#VideoObject_interactionStatistic_WatchAction","interactionType":{"@type":"WatchAction"},"userInteractionCount":33}]]},"about":["Advice from Richard","Bankruptcy","Videos"],"wordCount":268,"keywords":["Bankruptcy"],"articleBody":"Assets Allowed To Keep After Bankruptcy?Watch this video on YouTubeIn this video, Licensed Insolvency Trustee in the GTA area, Richard Killen, talks about\u00a0the facts and misconceptions when it comes to losing assets in a bankruptcy procedure. Typically, people are scared to lose their important belongings should they undergo bankruptcy in Toronto. In this video, Richard goes on to clarify that in the most common cases, this is simply not the case.Here are a few key takeaways from Richard&#8217;s informative clip:There is a great urban myth about losing assets when you go bankrupt.Most people can keep whatever they want to keep as long as the creditor&#8217;s rights are respected, so you may have to pay to keep it.Basics such as furniture, personal effect, tools of your trade and one vehicle (as long as it isn&#8217;t worth too much) are generally never lost.Should you still feel uneasy about your debt and losing your assets, it&#8217;s definitely worth it to give a Licensed Insolvency Trustee a call or a visit so that they can give you all the information you will need to make this important decision and also to alleviate any worry and stress you may have.There is no cost for your initial meeting and we will explain all of your options to you. We can meet with you during business hours or book after hours appointments if that is more convenient. Richard Killen and Associates is a Licensed Insolvency Trustee in bankruptcy Scarborough and have 10 locations across the Greater Toronto Area. Call us at (416) 285-9511&nbsp;"},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"What assets are you allowed to keep after you go bankrupt?","item":"https:\/\/rkillen.ca\/what-assets-are-you-allowed-to-keep-after-you-go-bankrupt\/#breadcrumbitem"}]}]