In recent news, the issue of the actual impacts of bankruptcy in Québec has resurfaced. Daniel Germain, from Les Affaires, sat down to speak with Éric Lebel, partner and Licensed Insolvency Trustee, to demystify the consequences of bankruptcy.
Our expert reminds us that the Bankruptcy and Insolvency Act is a federal act and that it’s not any easier going bankrupt in Québec than anywhere else in Canada. Furthermore, Éric confirms that there’s nothing glamourous about declaring bankruptcy and there are significant, real consequences that everyone should know about.
To learn more about the unknowns relating to personal bankruptcy, read Daniel Germain’s blog (in French) published January 30, 2018.
06 Feb 2018 | Written by :