May 7th, 2013 by Questions
By filing for personal bankruptsy in BC, would my assets outside Canada be vulnerable to the creditors’ debt settlemt demands?
Posted from: British Columbia
May 07, 2013 at 8:56 pm, A licensed trustee said:
Yes they are/would be. If you decide to file for bankruptcy you are required to disclose your assets and income where ever they may be in the world – your trustee must then decide how to go about turning those assets into cash for your creditors.
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