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Business

While you are in personal bankruptcy or after you have filed for bankruptcy, can you become director for a canadian company?

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One Response to “Business”

Barton Goth, GCO Inc. Bankruptcy Trustees said...

While you are in bankruptcy, the Canadian Business Corporations Act and it’s provincial counterparts clearly stipulate that you are not eligible to be a director of a corporation while you are in bankruptcy. However, there is no problem with being a director once you are discharged from bankruptcy.