If I File For Bankruptcy, Does It Affect My Citizenship Process?

2013-06-14

Author: Rob Shier

To the best of our knowledge, filing an assignment in bankruptcy (or a consumer proposal) under the Bankruptcy and Insolvency Act would not preclude or prevent you from becoming a citizen. However, if you are an undischarged bankrupt, you may not apply to be a sponsor for someone to come to Canada until you have been discharged.

Prior to making a final decision with respect to filing for bankruptcy and the potential impact on your citizenship application, you should first contact Citizenship and Immigration Canada (http://www.cic.gc.ca).

For further information regarding filing for bankruptcy or filing a consumer proposal, please contact your local MNP office for a no-cost, no-obligation, consultation to assist you to determine the best options for you.

Latest Blog Posts

2025-11-11

Who will know I’ve filed for Bankruptcy?

Jean-Francois Cliche

Bankruptcy

You may be considering filing for Bankruptcy — and worried about who may find out. Learn who will be notified when you declare Bankruptcy. 

Read More

2025-11-10

Is some debt good for my company?

Paul Pettigrew

Lifestyle Debt Debt Solutions

Whether operating a small business, or large enterprise, there is a lot at stake for Canadian entrepreneurs.

Read More

2025-11-10

How to keep your peace of mind when navigating interactions with the CRA

Lindsay Burchill

Lifestyle Debt Debt Solutions

These five practical tips can help you navigate interactions with the CRA more smoothly — and keep your peace of mind throughout the process.

Read More

Consultation icon