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.

Latest Blog Posts

2026-06-11

Life after debt: What’s next and how to avoid repeating debt

Tina Powell

What happens after a Consumer Proposal or a Bankruptcy? These steps can help you rebuild your credit rating and manage your credit effectively.

Read More

2026-06-09

What happens if I owe tax debt to the CRA?

Tarah Fawdrey

It can be overwhelming to find out you owe the CRA a large amount of money. These debt relief options can help you regain control of your finances.

Read More

2026-06-09

The CRA is calling to collect. Now what?

Alana Orrell

Getting a call from the Canada Revenue Agency (CRA) can be unsettling. If the call is about collections, the stress level often jumps immediately. You may worry about frozen accounts, garnishments, or losing control of your financial situation.

Read More

Consultation icon