Can I travel after declaring bankruptcy in Canada?

bankruptcy, travel restrictions, Alberta

In Canada, filing for bankruptcy doesn’t legally stop you from traveling. Just keep your bankruptcy trustee informed of your plans and ensure necessary payments are on track. It’s wise to check in with them before jetting off, especially if any commitments could conflict with your trip.


Image of a traveler packing for a trip, considering bankruptcy obligations and travel restrictions in Canada.

Travel freely after bankruptcy: know your obligations.

Question

Can I leave the country if I declare bankruptcy? I want to know if there are any travel restrictions or requirements if I declare bankruptcy and plan to leave Canada.

From: Anonymous Question, Alberta (AB)

Answer

In Canada, there’s nothing stopping you legally from going on that dream vacation or attending that overseas wedding after declaring bankruptcy. Just remember, you do have a couple of obligations to your bankruptcy trustee. You’ll need to keep them in the loop with regular updates and ensure any necessary payments are made. Skipping out on these could mean your trustee might ask for you to return, but generally, it won’t put a damper on your travel plans. It’s a good idea to drop your trustee a line before packing your bags, especially if you’ve got meetings or other commitments that might clash with your journey.

From: Insider Scott

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OSB Based Answer

Yes, you can leave Canada if you declare bankruptcy. There are no travel restrictions specifically imposed by the Bankruptcy and Insolvency Act or related regulations that prevent you from exiting the country. However, it is advisable to inform your trustee of your travel plans, as your bankruptcy obligations must still be met while you are away. In particular, Sections 68 and 69 of the Bankruptcy and Insolvency Act outline the duties and responsibilities you must adhere to as a bankrupt individual, but do not explicitly restrict travel. Always check with your bankruptcy trustee to ensure compliance with all conditions related to your bankruptcy before traveling.

From: This answer is provided by scanning the OSB Bankruptcy & Insolvency Act and related directives

References

Reference Title and Source
Traveling Abroad After Declaring Bankruptcy, Government of Canada
Understanding Your Rights and Responsibilities During Bankruptcy, Canadian Association of Insolvency and Restructuring Professionals
Guide: Personal Bankruptcy, Office of the Superintendent of Bankruptcy Canada
Bankruptcy and Insolvency Act (R.S.C., 1985, c. B-3), Government of Canada

Table of article references



Elimiate up to 80% of Your Debt

High cost of gas, high cost of groceries, high lending rates, low salary - being in debt is not your fault! See if you qualify for government debt programs and get out of debt today!

Write off up to 80% of your debts
Reduce debts into one affordable monthly payment
Stop all collections calls
No interest and charges (completely frozen)
Government-legislated debt relief programs