2009-06-01
If you file a bankruptcy under Canadian law, the California creditor has to abide by Canadian law if it plans to take collection action in Canada. i.e., a Canadian bankruptcy will stop collection action in Canada by a foreign based creditor. There are a few creditors who can still collect in a bankruptcy, but if the California creditor is a credit card issuer, bank, retailer, etc., they would be stopped by the bankruptcy. If you have assets in the U.S., you should get in touch with one of our trustees - that gets a little bit more complicated. Also, if you were to move to the U.S., Canadian law doesn't apply there and that creditor could resume collection action against you in the U.S. Judy Scott Meyers Norris Penny Limited [email protected] 604-949-2100
2025-03-05
MNP Consumer Debt Index Lifestyle Debt Debt Solutions
According to a new survey conducted by Ipsos on behalf of MNP LTD, two in five Atlantic Canadians acknowledge they need help to get out of debt (43%).
2025-03-05
MNP Consumer Debt Index Lifestyle Debt Debt Solutions
According to a new survey conducted by Ipsos on behalf of MNP LTD, two in five Atlantic Canadians acknowledge they need help to get out of debt (43%).
2025-03-05
MNP Consumer Debt Index Lifestyle Debt Debt Solutions
According to a new survey conducted by Ipsos on behalf of MNP LTD, three in 10 (29%) Saskatchewan and Manitoba residents acknowledge they need help to get out of debt.
