Post Bankruptcy
Currently I am running my business as a ‘Sole-proprietor’ but if I have to declared bankruptcy is it possible for me to incorporate my company afterwards so I can run it properly from that point on? Thank you in advance.
Posted from: Alberta
You are not eligible to be a director of a limited or incorporated business while you are in bankruptcy. So you can incorporate after you are discharged, but if you incorporate prior to that time frame you are better to list someone else as the director until your bankruptcy is finished.