Power Of Attorney Can I File A Bankruptcy For That Person

2008-12-15

  A bankruptcy can be filed by a “person” or by an executor for a deceased person. The definition of "person" in the Bankruptcy and Insolvency Act includes legal representatives of that individual according to the laws of the province. So the question will be....... whether or not your Power Of Attorney is worded such that you are appointed as their legal representative with the Powers to govern these financial affairs. If in doubt, you can always make an application before a Bankruptcy Court to affirm your appointment as the "person" according to the Bankruptcy Act. I would send a copy of the Power of Attorney to one of our Trustees in your region for review, or contact me to discuss. Donna Carson, CGA, CIRP, Trustee Calgary, Airdrie, Drumheller regions 403.537.7657 or 1.877.500.0792 [email protected]

Latest Blog Posts

2025-08-14

How to budget for summer vacation

Marianne Steele-MacSween

Vacation costs can add up quickly without proper planning. This guide can help you budget so that you can make the most of your trip without overspending.

Read More

2025-08-05

How to budget when you’re unemployed

Lindsay Burchill

Bankruptcy Consumer Proposal

Losing your job can be frustrating and, even more so, managing your financial wellbeing while you’re unemployed. However, you can successfully navigate the situation with the right budgeting tips.

  • First steps to take when you become unemployed
  • Managing your expenses
  • Seeking professional help

Read More

2025-08-04

How to Deal with Unexpected Medical Expenses

Nicole Polak

Since it’s impossible to predict or prevent most medical conditions or emergencies, the best way to handle them is by planning and preparing for them.

Read More

Consultation icon