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If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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Bankruptcy and Citizenship and Gambling

Hi, I had a lot of credit cards and some lines of credit. In total the credit limit for all the credit products were about 60K.

Unfortunately I’m a gambler, and had visited support sessions from Addiction services for York region. I made some “bad checks” to get some cash from creditors, and lost all cash at casino tables

Today I have a huge debt which I cannot pay.

My status in Canada is a Permanent resident. Will the bankruptcy have an influence on my application for the canadian citizenship?

Thank you.

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One Response to “Bankruptcy and Citizenship and Gambling”

A licensed trustee said...

I am not aware of any difficulties caused by bankruptcy for permanent residents, but I strongly suggest you check directly with Immigration officals to make certain that is correct.