can a non – profit file bankruptcy

March 24th, 2009 by Questions

can a non – profit file bankruptcy? Assets include investments.

Posted from: Ontario

Questions

One Response to “can a non – profit file bankruptcy”


March 25, 2009 at 9:48 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

Yes, a not-for-profit can file for bankruptcy. The best thing to do is to contact a local trustee to discuss how this would unfold given the unique nature of not-for-profits.

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