As a US resident, is it possible to file Canadian bankruptcy?

September 29th, 2015 by Questions

I am a Canadian citizen living in the US and I have two credit cards that have become impossible to manage. As a US resident, is it possible to file Canadian bankruptcy on Canadian credit card debt?

Questions

One Response to “As a US resident, is it possible to file Canadian bankruptcy?”


September 29, 2015 at 6:18 am, Jillian Taylor-Mancusi, Trustee | B.A. | C.I.R.P said:

Yes, as a resident of the United States you can file a bankruptcy in Canada. However, a Canadian bankruptcy must be filed in “the locality of the debtor.” This could mean where you carried on business during the preceding year; or where you have resided at any time during the preceding year or alternatively where the greater portion of where your property is situated.

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.)