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.