2026-07-15
Bankruptcy versus Consumer Proposal timelines: What to expect from start to finish
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.
2026-07-13
MNP Consumer Debt Index
Atlantic Canadians (68%) are more likely than those in other provinces to say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
2026-07-13
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, three in five Canadians (61%) say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.