2026-06-17
How to improve your savings: Two tips from my father
Money wasn’t something my dad talked about very much when I was growing up. However, he did have a couple of expressions he would share repeatedly over the years.
Can I Still Operate My Business If I Am Bankrupt
2010-06-27
It depends on the circumstances.If your business is incorporated - a bankrupt individual is precluded from acting as a director of an incorporated company pursuant to applicable provincial or federal business corporations acts. Moreover, a bankrupt’s shares in the incorporated company are property that vests in the Trustee upon filing for bankruptcy. Sometimes these issues can be resolved such that a bankrupt can continue operating the same corporation. If your business is a proprietorship – the vast majority of proprietors continue operating their business after bankruptcy; however a bankrupt proprietor must disclose the bankruptcy to certain parties in certain circumstances. For more information on how bankruptcy would affect you specifically, please contact one of our offices to discuss your situation. Regards, Lana Gilbertson, CIRP, Trustee MNP - Vancouver 604 637 1599
Latest Blog Posts
2026-06-11
Life after debt: What’s next and how to avoid repeating debt
What happens after a Consumer Proposal or a Bankruptcy? These steps can help you rebuild your credit rating and manage your credit effectively.
2026-06-09
What happens if I owe tax debt to the CRA?
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.
