Yes. Certain debts are not eliminated with your discharge from bankruptcy. For example:

  • Fines or penalties imposed by the Court
  • Alimony, maintenance, or support
  • Debts obtained by fraud or misrepresentation

In most cases, declaring bankruptcy in Alberta, Nunavut, or Northwest Territories does not prevent a secured creditor such as a bank, credit union, or finance company from realizing on any assets which have been pledged as security for a loan.

House mortgages are unaffected if monthly payments are current. Vehicle or other chattel pledged to a financial institution is not affected if the payments are current as well. In most cases, an individual is able to maintain payments with a secured creditor.