Question
I am contemplating filing for bankruptcy. I have debts that have been owing since May . How is it until they can call collections? Also, if I go bankrupt will I be able to travel to the US? (I'm in Canada)
Answer:
I can't speak about Canadian bankruptcy law, but I can tell you that, yes, are you free to travel wherever you want. Bankruptcy is a civil procedure that allows you to, in essence, legally avoid paying what you owe. It is not a criminal procedure and you are not committing any crime by declaring bankruptcy. (I know, I know...there are crimes that can be committed *during* a bankruptcy proceding. But, if one is honest about his debts and does nothing fraudulant or deceitful, there is no crime.)
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