Dual Citizen

May 7th, 2013 by Questions

By filing for personal bankruptsy in BC, would my assets outside Canada be vulnerable to the creditors’ debt settlemt demands?

Posted from: British Columbia

Questions

One Response to “Dual Citizen”



May 07, 2013 at 8:56 pm, A licensed trustee said:

Yes they are/would be. If you decide to file for bankruptcy you are required to disclose your assets and income where ever they may be in the world – your trustee must then decide how to go about turning those assets into cash for your creditors.

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