Category: Corporate Bankruptcy

Can I have a Bank Account if I go Bankrupt?

Posted on by Jordan Rumanek

Can I still have a Bank Account if I go Bankrupt?

Can I have a Bank Account if I go Bankrupt?

Yes.  However, if your bank is also a creditor involved in your bankruptcy, it may be wise to open an account at a different bank.  This would ensure that any deposits are not 
accidentally seized against your debt with that bank. If a bank refuses to open an account for you, you should contact your Trustee.

Contact Rumanek & Company Ltd. for more information on bankruptcy and debt solutions. Or please fill out the free bankruptcy evaluation form. To learn more please visit our YouTube Channel. Rumanek & Company have been helping individuals and families overcome debt for more than 25 years.  

 

Do I have to meet my Creditors?

Posted on by Jordan Rumanek

Do I have to meet my Creditors?Do I have to meet my Creditors?

Only if a meeting is requested by the creditors or court. If a meeting is called, the trustee will discuss your assets and liabilities. At some point, the creditors may ask you questions related to your financial difficulties. The creditors then vote and may give directions to the trustee regarding administration.

 

Contact Rumanek & Company Ltd. for more information on bankruptcy and debt solutions. Or please fill out the free bankruptcy evaluation form. To learn more please visit our YouTube Channel. Rumanek & Company have been helping individuals and families overcome debt for more than 25 years.  

Will Bankruptcy affect my Citizenship process?

Posted on by Jordan Rumanek

Will Bankruptcy affect my Citizenship process?

Will Bankruptcy affect my Citizenship process?

No. Filing bankruptcy is not a crime. It is not considered failure in fulfilling your legal civic duties. It is a perfectly legal way to deal with overwhelming debt.

It will not disrupt your citizenship process or put your bid for citizenship at risk, so long as you abide by all bankruptcy laws truthfully and honestly.  Citizenship and Immigration Canada website is a great resource for all your citizenship process questions and answers.

Contact Rumanek & Company Ltd. for more information on bankruptcy and debt solutions. Or please fill out the free bankruptcy evaluation form. To learn more please visit our YouTube Channel. Rumanek & Company have been helping individuals and families overcome debt for more than 25 years.  

Gambling & Casinos

Posted on by Jordan Rumanek

Vancouver Gambling & Casinos

Gambling & Casinos

These articles may interest individuals wanting to know more about Bankruptcy, Gambling and Casinos:

1. Bankruptcy lawyer condemns proposed casino expansion in the Vancouver Observer. vancouverobserver.com/casino/

2. Goss, Ernie and Morse, Edward A. 2005. The Impact of Casino Gambling on Individual Bankruptcy Rates from 1990 to 2002.  Creighton University. creighton.edu

3. Gerda and the Scottish Centre for Social Research (ScotCen). 2006. Research on the Social Impacts of Gambling.  Scottish Executive Social Research. scotland.gov.uk

4. Stitt, Grant. November 2000. Effects of Casino Gambling on Crime and Quality of Life in New Casino Jurisdictions . Prepared for the U.S. Department of Federal Justice. ncjrs.gov

5. Gambling. justice.gov

Contact Rumanek & Company Ltd. for more information on bankruptcy and debt solutions. Or please fill out the free bankruptcy evaluation form. To learn more please visit our YouTube Channel. Rumanek & Company have been helping individuals and families overcome debt for more than 25 years.  

 

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