Assets in another country

October 28th, 2009 by Questions

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.

Please post a follow up comment below:

(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)