In addition to munching on plants, voles can cause considerable damage by gnawing the bark off trees and shrubs, girdling the trunks or roots and eventually killing the plant. Their irregular, patchy gnaw-marks can be seen near ground or snow level, particularly during the winter.
Filing bankruptcy means a person or business has availed themselves of Canadaâs bankruptcy laws in order to obtain protection from their creditors and relief from their unsecured debts. When a person files for bankruptcy they are said to be bankrupt or âin bankruptcyâ. If you file for bankruptcy something called your bankrupt estate is created. Think of this as bag filled with all of your unsecured debts (credit cards, loans, lines of credit, income taxes, etc, etc). While you remain âin bankruptcyâ you still own the bag, but you donât have to make any payments on the debts.
Filing for bankruptcy is not about giving up; itâs about reworking your finances so you can get a second chance. The question posed in the titleâhow long does it take to file bankruptcyâis easier to answer than why you should file. The process for Chapter 7 bankruptcy typically only lasts 3-4 months. You hire an attorney, file with the courts, get a trustee who liquidates your nonexempt assets, and then you are for the most part free of creditor harassment, demanding letters from the bank, and huge interest rates on your credit card debt.