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property outside canada

can i lose a property outside canada in a bankruptcy?

Posted from: Quebec

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One Response to “property outside canada”

A licensed trustee said...

Yes, you can. When you file you are required to disclose ALL of your debts and ALL of the things that you own, no matter where they may be located. If you fail to disclose something and your trustee finds out about it, you will likely end up in Court where you will have to convince a Judge that you should still be entitled to bankruptcy protection. This is something to discuss with your trustee BEFORE you decide to file.