Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More

Free Consultation

Being Bondable in a proposal or bankruptcy

I am currently a bonded employee. I am considering my options regarding a consumer proposal or bankruptcy. Will either bankrupcy or a proposal mean that I am no longer bondable and therefore would lose my job?

One Response to “Being Bondable in a proposal or bankruptcy”

A licensed trustee said...

Probably not. Most bonding agencies don’t care if you are bankrupt. However, don’t take our word for it. Contact your human resources person at work, or the bonding agency directly, to confirm before you go bankrupt or file a consumer proposal that your filing will not impact on your ability to be bonded.