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Assets in another country

I just wanted to know if any assets I have in another country like a used car or any other assets are effected or could be claimed from Canada. Thank you. Worried and guilty about bankruptcy from Quebec

Posted from: Quebec

One Response to “Assets in another country”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

They definitely would. All your assets, minus the provincial exemptions available, automatically vest in your trustee upon the filing of a bankruptcy and must be liquidated for the benefit of creditors.