Approved Persons high income considering options

December 13th, 2009 by Questions

I`m a financial advisor with the MFDA earn $150k/year commission income variable.
Have $115k unsecured debt, $35k income tax liabilities potentially. Debt burden and reduced future income put me in a scary position.
Considering my options. Really concerned if bankruptcy would impact my license to continue to work as Advisor with MFDA.

thoughts?

Posted from: Nova Scotia

Questions

One Response to “Approved Persons high income considering options”



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

I am not familiar with the MDFA’s policies, but what I would do is first review the licensing by laws and professional stanard materials to see if anything is mentioned, and if not I would contact their main office. Without disclosing your name or anything of that nature, simply pose the question directly to the people at MDFA and see what they say.

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