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

2025-06-30

How do I respond to creditors?

Caryl Newbery-Mitchell

Credit Counselling

Here are the ABC’s of dealing with creditors and debt collectors.

Read More

2025-06-25

How to budget for inflation

John Athanasiou

The cost of daily goods has been rising over the past few years — increasing the price of food, gas, clothing, and many other essential items that Canadians need in their day-to-day lives.

Read More

2025-06-19

Options to consider if you can’t pay back your student loans

Dean Prentice

With the school year beginning and thousands of Canadian students beginning a new semester of post-secondary studies, all those hard-earned dollars from summer gigs are now being applied to tuition, books, transportation, housing, and supplies. 

Read More

Consultation icon