Overseas travel is allowed during this period, whether it is for leisure or for work. However, you need to provide your trustee with information. The trustee should be supplied in writing with:
Dates of departure and return
Details of any overseas contacts information. Please make sure the trustee has your Email address and please check it every few days while you are away
Particulars about who will fund the travel costs
The trustees main concern here would be, “where did the money come from?” If you are able to show that the money was gifted to you or you reasonably saved it after going bankrupt, there should be no problem to travel. Once you are discharged from your bankruptcy, you will be able to travel overseas without notifying 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.
Are you concerned about CRA deadlines for filing and paying income tax? There have been several Government of Canada news updates regarding income tax for
What is the Canada Emergency Response Benefit (CERB)? This is a federal financial aid option to help business owners, employees, and self-employed get much-needed financial
The government of Canada is taking action in order to provide assistance and flexibility to Canadians facing hardship due to the Covid-19 virus. Not only