Bankruptcy and Foreign Property

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Richard Sklar, CIRP, LIT
Licensed Insolvency Trustee

Dealing with Bankruptcy and foreign property

When filing for Bankruptcy in Ontario, you may be concerned regarding what may happen with any foreign property/assets that you have.

If you file for Bankruptcy, you must disclose any and all property, wherever it is located, including foreign property and assets.

Your trustee will need to know about the foreign assets with as much supporting documentation as possible so that they can advise you as to what options you may have with regards to these assets.

If you live in the Greater Toronto Area – and are coping with a debt load that you are not able to pay – call us at 416-498-9200 for your FREE consultation. Our caring professionals will review your finances in detail and go over all your options for getting out of debt and getting on with your life.

Take Your First Step Towards A Debt Free Life

If you are overwhelmed by debt, call us at 1-844-962-9200 to book a FREE, confidential appointment. We will review your financial situation in detail and discuss all of your options with you. Alternatively, you can fill out the form below and our team will reach out to you.

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David Sklar & Associates Inc.

5.0

Based on 765 reviews

David Sklar & Associates Inc. – Consumer Proposals & Licensed Insolvency Trustees

5.0

Based on 765 reviews

The team at David Sklar and Associates Inc are very professional and are willing to help you get out of debt. Highly recommended.

Melissa MacKenzie

12:35 29 Mar 23

I would like to thank the team at David Sklar and associates inc. for all the time and effort they put in to support this process for me. This topic can be challenging to disclose but a big thank you to Christine for going above and beyond in guiding me through all my options and supporting me through the decisions. I cannot recommend this group enough , as they have shown me compassion , knowledge , and understanding throughout the entire process. I look forward to the next step of this process and learning how the proper way of becoming financially educated through the support of their financial counselling team. For anyone who is struggling , just know that there is a wonderful group of educated professionals at David Sklar who are available to help!

Michelle Plouffe

18:45 14 Mar 23

It took me awhile to get up the courage to contact David Sklar but I’m so glad I did. Trina walked through my options with me and provided the knowledge I needed to make a decision to help turn my financial situation around. She is patient and empathetic and answered any and every question that I had. Trina provided me the reassurance I needed that I was making the best decisions for me and my family. I’m so happy that I reached out and now have a plan to get back on track.

M. Mackenzie

19:59 12 Mar 23

Trina was very helpful and thorough.

Sam M

15:26 12 Mar 23

Christine was very helpful, kind, and understanding. She explained everything thoroughly, answered any questions I had, and was responsive to any concerns I had. 100% would recommend

Katherine Campbell

17:29 08 Mar 23

Jackie Stanley is excellent she took the time to explain everything to me and I am so grateful to her for giving me a fresh financial start so if you have any doubts don’t and go see her if you want to achieve financial freedom!

Heather Helfield

21:24 06 Mar 23

Amazing friendly staff that knows what they are going. They make a difficult situation not so bad. Would give 10 stars if I could.

alie Balan

22:37 25 Feb 23

Very helpful and kind and gave me all the available options before helping me decide which one was best for me. I would definitely recommend Jackie

Alison Rivard

01:01 21 Feb 23

Great experience i was in financial trouble and someone of my friends recommended this company. Cori is a wonderful and welcoming person she did a very good job and came up with a smooth and flexible monthly payment after the reduction. i highly recommend this company. Thank you David sklar and special thanks to Cori.❤️🙏🏻

Jasmine Joseph

22:08 13 Jan 23

Met up with Mr. Jason Sklar to discuss more in person, very thorough and clear. He is very kind and thoughtful, I will be referring anyone with the same situation to David Sklar & Associates.

Ariel Domingo

02:33 29 Dec 22