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Will Bankruptcy Erase All Of My Debt?
Bankruptcy
The intention of Canadian bankruptcy law is to provide honest and overextended debtors the opportunity for a financial fresh start.
Can I Be A Director After My Bankruptcy Is Finished
2011-03-29
Hi, You don't state in your question that were discharged from your bankruptcy, but I assume that you were. In that case the answer is that you can be a director of a corporation (non-profit or otherwise) starting the day after you received your discharge. It is only bankrupts who are prevented from being a director. So yes, go ahead and take that role on if you are so inclined. Ian Schofield MNP Regina 306-790-7904 Note: I also don't necessarily agree that you are not bondable, that will depend on the bonding company's assessment at the time the bond is requested. There is no legal prohibition against getting bonded after, or even during, bankruptcy, its a matter of the policies of the particular bonding company.
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