FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

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If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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corporate bankruptcy

how can i find out if a company that owes me money has actually declared bankruptcy?

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2 Responses to “corporate bankruptcy”

A licensed trustee said...

In order for a corporation to file an assignment in bankruptcy the Board of Directors must pass a resolution allowing one/some of the officers to do so. If you are the only director then you may convene a meeting and pass such a motion. If there are numerous directors then you will have follow the procedures set out in the company’s operating by-laws.

This site is devoted to personal bankruptcy questions – if you’d like any further information I suggest you contact one of our trustees directly or a lawyer familiar with insolvency law.

A licensed trustee said...

Call the company directly and ask them. If a trustee is involved they will tell you. If no one answers the phone…

Your other option is to call the closest Office of the Superintendent of Bankruptcy. This is the government agency that monitors and oversees the bankruptcy process in Canada. You’ll find them on the web or in the blue pages of the phone book.