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What if you unintentionally committed a bankruptcy offense?

What if you unintentionally committed a bankruptcy offense, meaning you honestly didn’t know about it? If a loan or credit lender says they will check your credit report you assume they checked it and know you are bankrupt. So you didn’t “tell” them as the rule states. But you never knew about the rule? Also it was 10 years ago?

Posted from: Alberta

One Response to “What if you unintentionally committed a bankruptcy offense?”

Desmond West-Chow, CIRP said...

This is a good question and one that requires a little more information to be discussed in detail. What I would recommend is talking to either your trustee or even an insolvency lawyer to see what and if there are repercussions to what has occurred. It would be a good idea to gather some information as regards to the timing of your bankruptcy and when the credit was obtained as well as the amount that was given.