Part 2 Of easlier question re: self employed income

May 11th, 2012 by Questions

Hi,

I’m sorry I sent the question without finishing with what was one of my most important questions about filing for bankruptcy while self employed. Do I have to tell all of my vendors whom i buy product from that i have filed for personal bankruptcy?

Posted from: Ontario

Questions

One Response to “Part 2 Of easlier question re: self employed income”



, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

The legislation states that you must disclose the fact that you are in bankruptcy to anyone you transact business with. As this can be severly detrimental to your business operations this is a very common reason to file a consumer proposal as opposed to a bankruptcy

Please post a follow up comment below:

(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)