2009-04-15
Yes.....you can operate a business after declaring bankruptcy. This includes a home business or any other type of business. The stipulations are: - that you have to report all of your income to your Trustee while you are in bankruptcy - if it is set up as an incorporated/limited company, you can not be the Director. You can't be a Director of a corporation while you are in bankruptcy. - there are rules in the Bankruptcy Act about who you have to disclose your bankruptcy to when you are self- employed. You should review the specifics of this situation with a Trustee. Donna Carson, CGA, CIRP, Trustee 403.537.7657 Calgary, Alberta
2026-07-13
MNP Consumer Debt Index
Atlantic Canadians (68%) are more likely than those in other provinces to say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
2026-07-13
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, three in five Canadians (61%) say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
2026-07-13
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, nearly three in five British Columbians (58%) say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
