Question: I am an Ontario resident, Do I have the right to travel out of Canada if I go bankrupt? Is there any risk when I come back? I am I going to be arrested?
Answer: Bankruptcy is not a criminal offense. If you file bankruptcy in Ontario you are permitted to travel in Canada, or anywhere in the world.
When you file bankruptcy in Canada you have various duties that you are required to perform. For example, you are required to attend two in-person credit counselling sessions. So, you are permitted to travel, provide you return to Canada for your two credit counselling sessions.
You are also required to maintain contact with your trustee in the even that there are any issues, but this can generally be done by telephone.
For further information, contact an Ontario bankruptcy trustee so that you understand all required duties while bankrupt.
Leave A Comment