2008-12-22
Canadian and U.S. bankruptcy laws have some similarities but many differences. In most cases, if you need to do a bankruptcy, you would do it under the laws of the country in which you are living and in which you plan to continue living. You can do a Canadian bankruptcy while you're living in another country if you meet certain criteria - i.e., if you have assets in Canada or if you operate a business in Canada. Whether or not it makes sense for you to do a bankruptcy under Canadian law while you are living elsewhere depends on who your creditors are, how much you owe compared with your ability to pay, whether you plan to return to Canada, and other factors. If you'd like more information, feel free to get in touch with me. This is a very broad area and I think it would be more useful for you to get specific information based on your particular situation. Judy Scott - Meyers Norris Penny Limited 604.949.2113 1.866.568.1335
2025-04-25
Debt collection can be a daunting experience for many Canadians. Navigating the process alongside MNP’s team of experts can help you better understand how it will impact your credit score and gain the knowledge needed to maintain your financial health well into the future.
2025-04-25
Bankruptcy
Filing for Bankruptcy is a significant decision that can provide a fresh start for Canadians overwhelmed by debt. However, it’s essential to approach this process with caution and awareness to avoid common pitfalls and make informed decisions to protect your financial future.
2025-04-24
Filing a Consumer Proposal can feel overwhelming, but it’s not the end of your financial journey.
