Assets in another country

October 28th, 2009 by Questions

I just wanted to know if any assets I have in another country like a used car or any other assets are effected or could be claimed from Canada. Thank you. Worried and guilty about bankruptcy from Quebec

Posted from: Quebec

Questions

One Response to “Assets in another country”


October 28, 2009 at 9:42 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

They definitely would. All your assets, minus the provincial exemptions available, automatically vest in your trustee upon the filing of a bankruptcy and must be liquidated for the benefit of creditors.

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