Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...
US loans will not be cleared as a result of filing a Canadian Bankruptcy, but as long as you stay in Canada the US creditors you have will not have the right to collect from you during or after a bankruptcy. The reason for this is that Canadian Legislation has no ability to release international debt, it can simply protect you from it while you are in Canada.
US loans will not be cleared as a result of filing a Canadian Bankruptcy, but as long as you stay in Canada the US creditors you have will not have the right to collect from you during or after a bankruptcy. The reason for this is that Canadian Legislation has no ability to release international debt, it can simply protect you from it while you are in Canada.