Bankruptcy in Nova Scotia – How To File

bankruptcy in nova scotia

The process of filing for bankruptcy in Nova Scotia is no different than filing for bankruptcy in any province. If you owe at least $1,000 and are insolvent (generally defined as either having more debt than assets and/or as not being able to pay your bills as they are due) you can file bankruptcy.

To file bankruptcy in Nova Scotia we recommend that you first consult with an unbiased professional. We wrote an in-depth article on bankruptcy here.


Debt can be a symptom of any number of problems and life circumstances. However, it is important to understand that YOU ARE NOT YOUR DEBT.

At Halifax Debt Freedom, we'd love to discuss how we can help you become debt free.

When you meet with your professional they will outline all of your options, ranging from budgeting all the way to bankruptcy and everything in between. Ultimately, the decision to file bankruptcy is yours. However, your chosen professional will assist you in understanding the true pros and cons related to the various options.

Filing bankruptcy requires the services of an LIT (Licensed Insolvency Trustee), formally known as a Bankruptcy Trustee. They are an Officer of the Court. Their job is to investigate your affairs, ensure you are not committing fraud, and ensure you understand how the process works. They are also there to represent the interests of the creditors as well as ensuring your rights as a consumer are respected. These rights include things such as ensuring creditor calls stop, making sure you understand the process.

Due to their role, a licensed insolvency trustee is unable to act as a true advocate for the consumer. In fact, if they were to do so it would jeopardize their license.

Should you be filing for bankruptcy in Nova Scotia?

Great question – we wrote a mega-article on bankruptcy which you can find here!

If you are considering bankruptcy and would like a professional opinion we would be more than happy to provide one! Contact us here.

Debt Relief Specialist

This article was written by David Moffatt, a Debt Relief Expert. He has helped assist in creating plans that have helped save Nova Scotia residents over $30 million dollars of consumer and tax debt since 2015. We believe that no consumer should have to struggle with the stress of overwhelming debt. Our debt restructuring strategies can help you cut your debt by up to 80%.

If you are struggling with debt please reach out. It hurts to continue to suffer financially. Halifax Debt Freedom services Halifax, Dartmouth, BedfordSackville the entirety of HRM, and all of Nova Scotia.


We’d love to discuss how we can help you become debt free

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