Tag Archives: assets in bankruptcy

You can keep your bank account while bankrupt in Canada but whether you have a joint bank account, or not, there are some things to consider. Opening A New Bank Account Before filing bankruptcy in Canada, we strongly recommend that you open a new bank account at an institution where…

One of the first questions asked when people are thinking about declaring bankruptcy is “Will I lose everything” after I file for bankruptcy. It’s often assumed that a trustee will seize everything you have and sell it when you go bankrupt. Myth: I will lose everything by declaring bankruptcy.  The trustee…