Consumer Proposal & Incorporating a Company

April 20th, 2012 by Questions

Although I am not able to incorporate a company while going through consumer proposal, can I become an officer of an incorporated company?

Posted from: Ontario


One Response to “Consumer Proposal & Incorporating a Company”

, A licensed trustee said:

Who told you that you cannot incorporate while you are in a proposal – no such restriction exists. Similarly, you may be an officer and/or director of a corporation while in a proposal – it’s only when you file for bankruptcy that you cannot be an officer or director (by the way, you can incorporate a new business whil eyou are bankrupt too).

Call your trustee if you have any more questions about this.

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